The directors of Tuli Ireland, which operates Costa Coffee here, say the results for the year are in line with expectations. New accounts filed by Tuli (Holdings) Ireland Ltd show that pre-tax profits reduced by 56pc to €4.81m in the 12 months to the end of January 31 this year. The directors state they are satisfied with the results for the year and are in line with expectations due to the pandemic. The Tuli (Holdings) Ireland Ltd accounts are consolidated and figures released by the Revenue Commissioners shows that Tuli (Holdings) Ireland Ltd subsidiary MBCC Foods (Ireland) Ltd received payments under the Temporary Wage Subsidy Scheme (TWSS) and the Employment Wage Subsidy Scheme (EWSS) last year. Tuli Holdings is owned by brothers Sundeep and Raju Tuli who are based in Scotland.

Source: Irish Independent December 29, 2021 02:48 UTC