Profits Rise At O'Donoghue's Pub Of Dublin
New accounts filed for O'Donoghue's pub of Merrion Row, Dublin, reveal that the venue's profits more than doubled during the twelve months ending in June of 2017, rising to €452,098 from €167,498 the previous year.
According to The Irish Independent, accumulated profits for O'Donoghue's (Merrion Row) Ltd. rose from €705,450 to €1.157 million during the period, with the company's cash pile increasing from €1.49 million to €2 million.
Meanwhile, the number of people employed by the pub rose from 13 to 16 and renumeration for directors rose from €583,884 to €605,555.
Carol Barden of the Barden family, which owns and operates the pub, commented, "We were happy with the figures to year end 2017. We are very lucky to have a strong loyal customer base and a great hardworking team who deliver a good service day-in, day-out. Despite the many new offerings in the Dublin bar scene there is still a strong demand for the offerings of the traditional Irish bar."
© 2018 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.