Book retailer hopeful of profit

KENNY’S BOOKSHOP said yesterday it is hopeful of making a profit this year — but only after imposing cost-cutting measures.

Kenny’s Bookshop was established in Galway in 1940 and the latest accounts for Kenny’s Bookshops and Arts Galleries (Holdings) Ltd show the company had accumulated losses of €4 million at the end of December 2009.

The company’s net loss from July 2008 to December 2009 was €1.1m