PRE-TAX profits at Manchester builder Roland Bardsley jumped 42 per cent to £1.1 million on a turnover down 16 per cent to £42 million in the year to June end.
Roland Bardsley, chairman, blamed the fall in turnover on delays in planning permission for housing and slippage of major building contracts.
Operating profits also dipped slightly from £1.54 million to £1.48 million.
Mr Bardsley said: 'The general background of lengthy delays in the process of planning applications has continued to blight our efforts to expand the level of activity.'
Contracting division turnover dropped from £19.6 million to £16 million.