Pre-tax profits at online giant Amazon's main Irish arm last year more than doubled to €67.2m.
New accounts show that Amazon Data Services Ireland Ltd recorded the jump in pre-tax profits as revenues increased more than €1 billion or 42% from $2.59 billion to $3.68 billion.The main activity of the company is the operation of data centres and at the end of last year employed 1,432.
The directors for ADSIL state that during the year, administrative expenses increased in line with expectations due to an increase in data centre operational expenses, partially offset by reduced headcount costs owing to the 2020 research and development activity transfer to another group undertaking.
The company received a capital contribution of €900m last year from Amazon EU Sarl and this followed a capital contribution of €430m in the prior year. Separate accounts filed by another Amazon Irish unit, Amazon Ireland Support Services Ltd show that pre-tax losses at the company last year increased by 62% from €4.7m to €7.6m.
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