Theatre company reports ‘satisfactory profits’ in ‘post-balance sheet’ event

THE company operating the 2,111-seater €80 million Grand Canal Theatre in Dublin’s docklands are reporting “satisfactory profits with strong box office sales” this year.

In documents lodged with the Companies Office, the directors for Grand Canal Theatre Co Ltd report that since January of this year, management accounts “are reporting satisfactory profits with strong box office sales and other third party sales”.

The disclosure is contained in a ‘post-balance sheet’ event for the 2010 accounts that confirm a loss of €484,227 for the 12 months to the end of December last.