The Irish Times media group made a pretax profit of just more than €4m last year. Photograph: Aidan Crawley

The Irish Times media group almost doubled its pretax profit last year to €4.05 million due to a slightly improved trading performance, investment portfolio gains and tight management of costs, according to figures just released.

Accounts for The Irish Times Designated Activity Company show that it recorded turnover of €115.6 million in the 12 months to t

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