Thursday 22 August 2019

Profits gallop ahead at Mullins's firm

trainer Willie Mullins is also a winner away from the racecourse with accumulated profits at his horse transport firm jumping to €415,232 last year. Earlier this year, Mullins enjoyed his best ever Cheltenham festival and new figures lodged with the Companies Office show that pre-tax profits at Closutton Transport rose from €38,331 to €55,640.

Revenues at the firm last year increasing from €248,021 to €304,341. The firm's administrative expenses during the year increased from €209,690 to €248,701. The company's post-tax profit was €48,544 after paying tax of €7,096.

Irish Independent

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