Business Irish

Friday 19 September 2014

'Mind guru' Quinn firm hit by rising losses of €285,000

Published 02/09/2013 | 05:00

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Accumulated losses at the healthcare retail firm owned by self-styled mind guru Tony Quinn increased by almost €285,000 last year.

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Accounts filed by Tony Quinn Health Centres Ltd show losses increased from €1.375m to €1.659m in the year to the end of September 2012.

The abridged accounts show that rising losses last year resulted in shareholders' fund dipping from €2.75m to €2.475m.

A Dubliner living in the Bahamas, Mr Quinn's firm is owned by his Jersey Island-based Baringo Trading.

Mr Quinn opened the first of his nationwide chain of stores on Dublin's Eccles Street in 1976.

Irish Independent

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