The property developer which has constructed tower blocks at MediaCity and Liverpool's waterfront has been "significantly impacted" by the Covid-19 pandemic, with its turnover being slashed by £30m and its profits halving.
Vermont Property Group, which is headquartered in Liverpool, has reported a turnover of £32.7m for the 12 months to March 31, 2021, down from the £62.4m it achieved during the prior year.
The group's pre-tax profits also declined from £2.2m to £1.1m over the same period.
