Trinity Biotech profits up 55%

Trinity Biotech has reported a 55 per cent rise in profits after tax to $1.4 million (€1

Trinity Biotech has reported a 55 per cent rise in profits after tax to $1.4 million (€1.54 million) in the first quarter of 2000. The company, which develops, manufactures and markets more than 100 diagnostic products, showed an 8 per cent rise in turnover to $6.85 million (€7.5 million). Chief financial officer Mr Jonathan O'Connell said the company continued to increase its net profits significantly.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective