Accumulated profits at Michael Healy-Rae's plant-hire firm jump to €808,911

Last year, the company’s cash funds more than doubled, from €198,748 to €434,224

Accumulated profits at the plant hire firm controlled by forestry minister Michael Healy Rae last year increased to €808,911. Picture: Eamonn Keogh

Accumulated profits at the plant hire firm controlled by forestry minister Michael Healy Rae last year increased to €808,911.

New accounts filed by the Co Kerry-based Mr Healy-Rae’s Roughty Plant Hire Ltd show accumulated profits increased by €74,887, from €734,024 to €808,911 in the 12 months to the end of April last.