Turnover hits €39.21m at North Cork Co-op as profits also rise

NORTH Cork Co-op enjoyed a healthy increase in profit for 2010, with gains in production, sales and profitability on a turnover of €39.21 million.

The annual report and accounts issued by the company yesterday showed that the society experienced a very successful trading year compared to recent years. Turnover increased from €24.96m to €39.21m.

Profit before tax was €683,000, while operating profit was €672,000.