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Tuesday 29 July 2014

In Brief: €8m accumulated profit at Cosgrave

Published 26/01/2013|05:00

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Dublin housebuilder Cosgrave Property Developments has again reported accumulated profits of close to €8m, according to accounts to the end of April 2012 filed with the Companies Registration Office.

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The company is part of the much bigger Cosgrave Group, controlled by brothers Joseph, Peter and Michael Cosgrave.

The business made a small loss on turnover of €1.4m last year, according to the accounts.

However, accumulated profits stand at €7.9m The brothers are reckoned to be one of NAMA's biggest debtors and are best known for major Dublin housing schemes, such as the €300m development of the former Dun Laoghaire golf club.

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Irish Independent

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