Operating profits at Gibson O'Neill nearly trebled to £14.7m last year despite the impact of Covid - though remain well below pre-pandemic levels.
The company - which brings together the football club, chemicals transport firm Bulkhaul and luxury hotel Rockcliffe Hall - showed that turnover dipped from £218m to £213m in the year to June 30, 2021.
Annual accounts - including figures restated from 2020 - show Covid impacted the firm's football and hospitality businesses most, with turnover falling from £19.2m to £14.3m at loss-making Middlesbrough FC and from £7m to £4.7m at Rockliffe, which also reported operating losses earlier this year.
