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Article: Blackrock Clinic had 2008 profit of [euro]13.7m
- Article from:
- The Irish Times
- Article date:
- October 30, 2009
- Author:
CopyrightCopyright 2009 The Irish Times. Provided by ProQuest LLC. (Hide copyright information)
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THE COMPANY operating the Blackrock Clinic in south Co Dublin has
reported a pre-tax profit of [euro]13.7 million in 2008, a reduction
of [euro]1.3 million on the previous year's return.
Turnover at Blackrock Hospital Limited rose to [euro]87.9 million
from the [euro]86.9 million recorded in 2007.
The group said the 9 per cent contraction in pre-tax profit was
due in part to tighter margins together with higher depreciation and
financing costs associated with Blackrock Clinic's five-year,
[euro]100 million expansion and refurbishment initiative, which was
approved by the hospital board in 2008.
Bryan Harty, chief executive of the clinic, said: "During the
year the hospital's margins ...