Profits increase to €13.28m at Port of Cork company

The firm's directors state that container vessels were facilitated at Cork Container Terminal (CCT) in April 2022

Revenues rose by 21.5% from €39.83m to €48.41m as the business recovered in 2022 from the impact of the covid pandemic. Picture: Larry Cummins

Pre-tax profits at the Port of Cork company last year increased by 20% to €13.28m.

The 2022 consolidated financial statements for the Port of Cork company show that the firm recorded the increase in profits after revenues rose by 21.5% from €39.83m to €48.41m as the business recovered in 2022 from the impact of the covid pandemic.