Poultry firm ‘set to return to profit’

Cappoquin Poultry, one of the country’s largest chicken processors, is projecting a return to an operating profit in 2012.

That is according to a company spokesman who was commenting yesterday on new accounts filed by Cappoquin Poultry to the Companies Office that confirm it recorded a €799,026 loss in the 12 months to the end of Dec 2010.

The loss in 2010 followed pre-tax profits of €285,001 in 2009.