Theatre’s rousing performance nets €260,000 profit

It’s a rousing performance that should bring a standing ovation — Cork Opera House has emerged from financial crisis to post its first profit in five years and its largest in almost a decade.

Despite the recession, the theatre made €260,000 for the financial year ended Mar 31 last, the company’s AGM was told yesterday.

It is a remarkable turnaround in the fortunes of the theatre which had to be rescued from the brink of financial collapse in 2010 — just two years after it made a modest profit of €49,000.