Business cools for RTE Dragon; BUSINESS.Byline: GORDON DEEGAN A COMPANY jointly owned by one of RTE's "Dragons" Sean Gallagher last year posted pre-tax losses of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 674,624. The collapse of the construction industry has been blamed for the slump Slump A temporary fall in performance, often describing consistently falling security prices for several weeks or months. in Smarthomes Ltd which, only two years ago, recorded pre-tax profits of EUR533,100. Accounts have just been filed with the Companies' Office by the Dundalkbased home technology company. It states: "the directors hope that by concentrating on new methods of distribution of the company's products and the reduction in overheads, the company will be back in profit within the next financial year." The directors stated: "The company's going concern basis is appropriate and they do not foresee fore·see tr.v. fore·saw , fore·seen , fore·see·ing, fore·sees To see or know beforehand: foresaw the rapid increase in unemployment. any problems with the company's ability to trade in the future." CAPTION(S): TV BOSS Sean Gallagher |
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