Donegal Creameries announces drop in profits

Donegal Creameries PLC today announced a drop in operating profits form €0.6m to €0.1m for 2005, blaming price pressures on commodity dairy products for the fall.

Donegal Creameries PLC today announced a drop in operating profits form €0.6m to €0.1m for 2005, blaming price pressures on commodity dairy products for the fall.

However,group turnover for the year increased marginally from €111.5m to €111.7m.

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