Profit & Loss

Profit & Loss: Odeon reels from losses

Revealing who is up and who is down as we go inside the world of private Irish businesses

Mayo News reports on losses

Accumulated profits at the company behind the Mayo News newspaper fell to €454,437 in 2022, compared to €563,238 in 2021.

Its cash pile fell in value €563,599 from €658,868. The Mayo News had 17 staff and a wage bill of €657,204.

The company is being bought by Malcolm Denmark’s Iconic News group, which has bought a large portfolio of Irish regional newspapers.

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