Pre-tax profits at the Irish business of Mothercare last year declined by 22% to €105,768 in spite of an increase in revenues.
New accounts show that revenues at Mothercare Ireland Ltd increased marginally from €28.47m to €28.5m in the 12 months to the end of March 2019.
The Irish-owned franchised baby and maternity retailer operates from 14 stores.
Its directors stated that they are satisfied with the results for the year and look forward to improving profitability in the coming periods.
The company shut down its Waterford store in the year under review and it today operates outlets in Cork, Dublin, Galway, Tralee, Newbridge, Portlaoise, Limerick, Drogheda, Dundalk and Sligo.
Mothercare Ireland was set up in 1992 by David Ward who had previously run the BHS, Habitat and Mothercare businesses in Ireland for the Storehouse Group.
Accumulated profits at the firm totalled €2.56m at the end of last year. The firm's cash pile decreased from €1.36m to €805,619.
Numbers employed by Mothercare Ireland last year increased by one to 230 as staff costs increased marginally from €4.5m to €4.584m.
A breakdown of the numbers employed show that there were 197 employed in retailing, 14 in warehouse, 17 in administration and two in marketing.
Pay to directors last year increased from €182,846 to €240,433.
The profit also takes account of non-cash depreciation costs of €158,127 while operating lease costs increased from €2.72m to €2.95m.
The Mothercare brand disappeared from the high street in the UK last weekend after 59 years with the closure of the remaining 37 stores from the once 79 strong store business. The closures resuled in the loss of 2,500 jobs.
