Slump in bloodstock sales hits Juddmonte's Irish arm
Revenue at Prince Khalid bin Abdullah Al Saud's business falls by €11.2m
Revenue at Juddmonte Farms, the bloodstock business owned by Prince Khalid bin Abdullah Al Saud, dropped from €15.3 million to €4.1 million, resulting in a loss for the year of €2.5 million.
The previous year the company made a profit of €810,517 and it blamed the drop on a fall in bloodstock sales in 2018. Its bloodstock income fell from €11.7 million to €418,815 between 2017 and 2018, while its farming income rose slightly from €3.5 million to €3.6 million, the accounts show.
The accounts also...
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