Medical face mask firm sees profits fall 50 per cent as Covid eases

A Co Limerick face mask maker has reported pre-tax profits of over £10.4 million for the year ended March 2022, down over 50 percent year-on-year.

In its recently released financial results, Jahan Manufacturing, trading as Irema Ireland, reported that FY2022 sales fell by over 40 percent to nearly €20.2 million. It also paid a dividend on shares worth €4.5 million during the year, up from €6 million in 2021.

https://www.independent.ie/business/irish/medical-facemask-firm-sees-50pc-fall-in-profits-as-covid-abates-42209382.html Medical face mask firm sees profits fall 50 per cent as Covid eases

Fry Electronics Team

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