IFA Telecom records trading loss of nearly €100,000, its first loss in 20 years

IFA president Francie Gorman addresses its recent AGM. Photo: Finbarr O’Rourke

Barry J Whyte

IFA Telecom, a subsidiary of the Irish Farmers’ Association (IFA) that brokers phone and broadband deals for farmers, made a trading loss of €98,525 in the year ending March 2023, its first loss in 20 years.

The company made a profit the previous year of €425,649, while it made a profit of €652,629 in the year before that, its financial statements show.