US-owned business undertaking large expansion at Kildare plant
AFF Ireland looks after manufacturing and distribution of Monster Energy drink products across Europe, the Middle East and Africa. Photograph: Sam Mircovich/Reuters
The accounts for AFFI show that it recorded a pretax loss of €47.07 million last year, mainly due to non-cash amortisation costs of intellectual property of €115 million. After incurring the non-cash amortisation costs of €115 million the company recorded an operating loss of €38.54 million, while net interest payments of €8.5 million resulted in the pretax loss of €47 million.
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