Covid restrictions significantly impacted business last year.
Pre-tax losses at the firm that operates Kildare Village, almost doubled to €6.48m last year.
The Irish Examiner reports, According to new accounts filed by Value Retail Dublin Ltd, the firm’s pre-tax losses increased sharply as revenues slumped by 37% from €15.66m to €9.86m.
A note attached to the accounts attributes the €5.8m drop in revenues to Covid-19 enforced closures of the village during 2020.
Pre-tax losses last year increased by 83.5% from €3.53m in 2019 to €6.48m.
The directors of the firm have said that the pandemic “will continue to have a significant impact on the company’s business”.
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