Tyrone Productions makes loss of €436,000

Tyrone Productions, the company owned by Riverdance multimillionaires John McColgan and Moya Doherty, made a loss of more than €436,000 in 2004, according to accounts just filed.

Ian Kehoe - avatar

Ian Kehoe

7th January, 2006

Tyrone Productions, the company owned by Riverdance multimillionaires John McColgan and Moya Doherty, made a loss of more than €436,000 in 2004, according to accounts just filed.

The company, which has produced a host of programmes for RTE, saw retained profits drop from €1.8 million to €1.3 million, while shareholder's funds also fell more than 20 per cent to €1.4 million.

Gross profits decreased from €1.2 million in 2003 to €728,000 for 2004.

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