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Lough Erne posts loss

Lough Erne resort has recorded pre-tax losses of £685,709 (€795,840) for its most recent financial year.erne1119
New accounts show that Lough Shore Road Ltd, which operates the resort, reduced its losses by more than half, as revenues increased by 7pc to £8.37m from £7.8m. On last year's performance, the report by director Kenneth King states that the results for the period are in line with expectations, and that the trading performance is expected to improve in future periods.
 The Co Fermanagh resort recorded an operating loss of £104,987, and interest payments of £580,722 resulted in the pre-tax loss of £685,709.
 

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