McGill’s has blamed the pandemic for a slump in its total profits from £1m to £425,510.
The Greenock-headquartered bus company's accounts for the year to 27 December 2020 showed an operating profit of £968,245 compared to £1.7m the previous year. The pre-tax profit was £602,796.
While net cash from operating activities increased from £2.8m to £6.8m, turnover dropped marginally from £36.6m to £36m during the reporting period.
