Profits down 8% at Port of Cork due to higher costs but rise in Waterford

Annual report for Port of Cork Company shows operating profits decreased despite revenues rising by 7.5%, from €48.39m to €52.07m in 2024
Profits down 8% at Port of Cork due to higher costs but rise in Waterford

The Port of Cork company recorded pre-tax profits of €5.79m after taking into account net interest costs of €1.14m. Picture: Larry Cummins

Operating profits at the Port of Cork Company last year fell by 8% to €6.94m due to higher costs.

The annual report for Port of Cork Company shows operating profits decreased despite revenues rising by 7.5%, from €48.39m to €52.07m in 2024.

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