Bowen bounces back with €3.6m pre-tax profit

Cork building firm Bowen Construction had revenues of €173 million in the last nine months of last year and returned to profitability.

Ian Kehoe - avatar

Ian Kehoe

28th June, 2008

Cork building firm Bowen Construction had revenues of €173 million in the last nine months of last year and returned to profitability.

The company, which is part of the Bowen Group, made a pre-tax profit of €3.6 million during the nine-month period.

The results represent a turnaround on the previous 12 months, when bad debt provisions on certain projects forced the firm into a loss of €9.9 million on turnover of €225 million.

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