Accumulated profits at the entertainment firm owned by Daniel O’Donnell last year jumped by almost €690,000 to €4.33m.
The Sunday World is reporting that new accounts lodged to the Companies Office show that ‘Wee Daniel’s’ DOD Promotions Ltd enjoyed a buoyant year in the 12 months to the end of October last when accumulated profits at the company increased from €3.64m to €4.33m.
The profits of €688,674 in the 12 months to the end of October of last year is a marginal increase on the profits of €659,569 recorded in the prior year.
The year under review to the end of last October covers the first eight months of the Covid-19 pandemic here.
The value of the firm’s current assets, made up of cash and debtors, increased €1.39m to €1.74m.
The value of the firm’s fixed assets increased during the period from €2.3 million to €2.6m.
The company generates the greatest bulk of its income from live performance and the 59 year old – like every other live performer – has seen his live income decimated since March of last year due to Covid 19.
However, that did not stop the singer delighting cocooning residents of care homes in Co Donegal with a series of open air surprise – and free – performances during Covid 19.
However, with the vaccination programme advancing, Daniel is now busy preparing for a series of UK live dates in the autumn.
Read the full report here.
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