On-trade

Accumulated profits up 2.4% at Oval bar

Alazwar, the holding company for the Oval bar in Dublin's Middle Abbey Street, saw an increase in accumulated profits of nearly €30,000 to €1.26 million in the year to the 31st of July 2021 from €1.23 million the previous year.

 

 

The Oval bar saw an increase in accumulated profits of nearly €30,000 in the year to July the 31st 2021.

The Oval bar saw an increase in accumulated profits of nearly €30,000 in the year to July the 31st 2021.

According to its unaudited abridged financial statements for the year to July the 31st 2021 the 2.4% increase in accumulated profits was up on the previous year when Lockdown  accounted for a 40% fall-off in turnover from €1.3 million to €778,104.

The average number of staff (including the two directors Charlie Chawke and Edward Bohan) remained unchanged during the year at 12.

And as was the case last year, the two directors did not draw a salary from the company this year either.

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