Pre-tax profits at a Shannon-based holding company for Mentor Graphics (Holdings) Ltd last year increased almost fourfold to $81.3m (€61.2m).

PRE-TAX profits at a Shannon-based holding company for US-owned Mentor Graphics saw an almost fourfold increase to $81.3 million (€6.34m) last year.

PRE-TAX profits at the Shannon-based holding company for US-owned Mentor Graphics (Holdings) Ltd, fell 7% last year.

A SHANNON-based holding company for US-owned Mentor Graphics last year suffered an 8% drop in pre-tax profits to $20.9 million (€15.9m).