Soaring price of cocoa bean melts profits at Lir Chocolates by 85%

Global price increases for the main raw material of chocolate briefly exceeded record price in April last year

Lir Chocolates co-founder Connie Doody and master chocolatier Patricia Brady. 

Pre-tax profits at Co Meath-based luxury chocolate maker, Lir Chocolates, plummeted by 85% to €236,714 last year, as the owners were unable to keep pace with the spiralling global price increases in the cocoa bean in 2024.

Accounts show the owners of Lir Chocolates Ltd were left counting the price of the record highs of the cocoa bean, as pre-tax profits declined by €1.34m — from €1.58m in 2023 to €236,714.