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Carlton Casino's Profits Plummet Despite Revenue Growth
Description
Despite a 16% revenue increase, Carlton Entertainment Property Holdings, formerly known as Dr Quirkey’s Good Time Emporium, saw a 45% drop in pretax profits to €4.5 million. The company, now led by Richard Quirkes daughter Debbie Lawrence, faced challenges including a one-time gain loss, asset sales loss, and increased directors pay. However, shareholder funds remain strong, and the company is focusing on growth and efficiency to maintain momentum.
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