Randox, a major provider of Covid19 tests, made a pre-tax profit of £275m in 2021.
The Randox 2021 accounts show that its turnover of £618m was 183% higher than the £218m achieved in the previous 18 month accounting periodIt is among the largest annual profits ever recorded by a Northern Ireland-based business.Between January 2020 and December 2021, the UK's Department of Health awarded 22 contracts to Randox, or its strategic partner, with a maximum value of £777m.
The Randox 2021 accounts show that its turnover of £618m was 183% higher than the £218m achieved in the previous 18 month accounting period. It says that "through the enormous effort and commitment of its staff Randox has processed more than 23m gold-standard PCR tests for the National Testing Programme and for international travel".
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