Positive year for co-op despite figures

DESPITE operating profit and turnover being down, North Cork Co-op Creameries has reported a good performance for last year in difficult trading conditions.

The co-op’s annual report and accounts for 2005 show an operating profit of €238,000, down from €488,000 the previous year, and a slight decrease in turnover from €19.8 million to €19.1m.

Chairman John Ahern said the society had experienced another good year, despite the difficult trading conditions, a continued decline in returns for dairy products and atrocious weather conditions during the peak milk production period.