Healy-Rae's Property Firm Profits Soar

0:00It's March 28th. I'm Cory with the story and this is Europe news today news from Europe powered by AI a Property firm owned by Irish Minister of State Michael Healey Ray racked up a cumulative profits topping 1 million euros last year fresh accounts Revealed rowdy properties limited which he launched back in May 2022 saw those profits jumped by 241,000 euros in the year ending last May The 59-year-old Carrie politician is a sole owner with his 27-year-old son Kevin as director The company manages spots like a trailer guesthouse that's housed Ukrainian refugees alongside other rentals Healey raised known as the biggest landlord in the Irish parliament declaring 28 properties from student digs to B&Bs and homes He's juggling roles as postmaster, farmer, service station owner, and more directing four companies total that includes plan hire and rental apps plus forestry land and even shares in the New York times

1:01New filings show fixed assets tripled to nearly 670,000 euros Though cash dipped to 416,000 the guesthouse pulled in 1.22 million euros from the government over 27 months for refugees Days with ongoing contracts for streamer Ukrainians and local rental schemes planning permission got shot down last year for a big extension to that guesthouse But the business keeps stacking winds amid his wide ranging interest