Caledonian Heritable, entrepreneur Kevin Doyle's group of companies that includes the Archerfield golf resort, has reported sales and profit growth for the year to October 2017.
The group that also includes the Edinburgh pub chain with The Dome in George Street, the City Cafe and the Pear Tree - as well as haulage, plant hire and property interests - reported that overall profit before tax has increased from £7.3m in the prior year to £10.2m, a near-40 per cent increase.
Revenue from continuing operations, including the group’s share of joint ventures, has increased from £38.9 million to £46.1m, an 18.5% rise.
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Last year at the same time it was reported turnover rose 12.6% to the £38.9m and pre-tax profits then rose 4.4% to £7.3m.
No dividends were paid compared to £3m in 2016.
The group strategic report says margins in relation to continuing operations have remained relatively stable, with operating profit from continuing operations has increased by approximately £3m on the prior year.
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The report stated: "The directors are satisfied for the profit level for the year."
Golfing activities turnover was £4.3m, up from £4.2m in 2016, while plant hire, waste management and haulage was down by almost half at £167,415.
The group's bars restaurants and nightclubs had an increase in turnover of £2m to £29.4m.
But it had a big increase in turnover development plots of about £5.1m.
The highest paid director in the company received £115,060 against £114,968 the previous year, and in total directors' remuneration was £753,261 against £713,454.
Group wages were £14.8m against £13.9m in 2016.
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