County Durham's Banks Group profit doubles to £11million
- kelseygarbutt
- 1 hour ago
- 1 min read
A property, housebuilding, and mining firm has more than doubled its operating profit after tax in a year, it has been revealed.
County Durham-based the Banks Group has reported an operating profit of £11 million for the year ending September 30, 2024, up from a loss of £7.2 million after tax in 2023.
The family-owned company also increased its turnover, rising from £26.3 million in 2023 to £27.1 million in 2024.
