The Irish Times Trust Limited has recorded a marginal increase in pre-tax profit from £3,559,438 in 1994 to £3,605,747 in 1995.

Operating profit, reflecting the newspaper business, fell from £3,362,504.19 £2,964,401 due to a substantial increase in newsprint costs. These costs increased by more than 50 per cent over the past 15 months, said Mr Louis O'Neill, group managing director and deputy chief executive.