Waste disposal firm returns to profitability

THE Killarney Waste Disposal company returned to profit in 2010 in what it called a very challenging year for the industry.

Pre-tax profits were €478,270 in 2010, following losses of €174,120 the previous year.

The 2009 loss arose due to a large impairment charge of €1,280,900 on fixed asset investment properties, according to accounts just filed by the company.