Profit and Loss: inside the world of Irish business

Rohm Powervation, the semi-conductor firm, recorded a loss of $10.6 million for the year ending March 31, 2017. This brought retained losses at the firm to $66.8 million. Revenues for the year were €1 million. The Cork company said that it was following a detailed development plan which would lead to the “profitable commercialisation of the company’s products”, and that the directors anticipated a continued demand for its product. The company was formed ...