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Rihanna and 1D help boost Lillie's profits by €283k





SUPERSTARS Rihanna and One Direction's Niall Horan have added to the coffers of nightclub Lillie's Bordello as it recorded an increase in profits of €283,000 last year.

The pop stars, along with Bono, are just some of the celebrities who have enjoyed themselves at the popular celebrity haunt in the recent past.

New figures show that the company behind the nightclub increased its accumulated profits from €2.278m to €2.56m in the 12 months to the end of February 2013.

Nightclub boss Oliver Hughes said yesterday that Lillie's Bordello was enjoying "moderate growth".

Mr Hughes and his cousin, Liam Lahart, head up the Porterhouse pub business group, which employs 400 across its pub network in Dublin, London and New York. They bought the Grafton Street venue for a reported €5.5m in 2004.

Noyfield Ltd is the firm behind Lillie's Bordello and the adjoining Porterhouse Central bar. The figures showed Noyfield Ltd increased its profits by €282,740 last year.

Mr Hughes said that he would like to think that the group business had turned the corner, pointing out that the Porterhouse Group has employed an additional 15 to 20 people over the past year. The recent expansion includes the opening of the group's Dingle Distillery in Co Kerry.

The abridged figures for Noyfield Ltd show that the firm's cash pile last year fell from €344,050 to €200,343.

The profit last year takes account of non-cash depreciation costs of €236,214.

Irish Independent