The Irish arm of WhatsApp, the encrypted messaging app owned by Meta, has reported a sharp rise in pre-tax profits as administrative expenses fell sharply.
Newly-filed accounts for WhatsApp Ireland show turnover rose by €15.1 million to €56.1 million in 2022 on the back of an increase in service fees received from another group company. Pre-tax profits climbed from just €1.3 million to €40.8 million as administrative expenses fell by €23.5 million to €15.8 million.
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