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Post Office makes £2.4 profit

Wed, 09 Nov 2011


The Isle of Man post office made profits of £2.4m last year.

The annual accounts have been published and will be put before Tynwald this month.

Despite the profits, CEO Mike Kelly warns that the core business remains under immense pressure and diversification into new products and international markets becomes more important.

Half of the money made will be given to Treasury as a levy.

 


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