News Formal

Singer Dermot Kennedy’s company makes record profits in 2022

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 77%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Cash funds at the business last year increased from €911,473 to €1.679m via IrishTimesBiz

Best known for hit songs such as Giants, Paradise, Better Days and Outnumbered, Kennedy last year made up for lost stage time during Covid with a slew of dates across Australia, the US, the UK, Europe and Ireland.

2023 promises to be even more lucrative for the 31-year-old Dubliner with the managing director of MCD Productions Denis Desmond saying earlier this year that Dermot Kennedy will play to 155,000 people this Summer over five shows with three taking place at Thomond Park in Limerick and two shows at Marlay Park in Dublin.The cash funds at the business last year increased from €911,473 to €1.679 million while the amount owed to the firm by debtors increased from €589,304 to €2.675 million.

The profit for last year takes account of non-cash depreciation costs of €27,771 and a profit of €77,115 made on foreign currencies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Over €66m transferred to Kai Dai connected companies, court hears, as Huawen liquidator appointedJustice Miriam O’Regan said there was “an abundance of reasons” why cash-for-visa broker’s company needed to be liquidated
Source: businessposthq - 🏆 8. / 71 Read more »

Over €66m transferred to Kai Dai connected companies, court hears, as Huawen liquidator appointedOver €66 million has been transferred out of bank accounts controlled by Kai Dai, one of Ireland’s biggest cash-for-visa brokers, into related entities, including “himself personally”, the High Court has heard
Source: businessposthq - 🏆 8. / 71 Read more »

Over €66m transferred to Kai Dai connected companies, court hears, as Huawen liquidator appointedJustice Miriam O’Regan said there was “an abundance of reasons” why cash-for-visa broker’s company needed to be liquidated
Source: businessposthq - 🏆 8. / 71 Read more »

Over €66m transferred to Kai Dai connected companies, court hears, as Huawen liquidator appointedJustice Miriam O’Regan said there was “an abundance of reasons” why cash-for-visa broker’s company needed to be liquidated
Source: businessposthq - 🏆 8. / 71 Read more »