Arrabawn co-op has reported a 50% fall in operating profit to just over €2 million in its annual report.
This was despite a significant 9.5% increase in revenue to €185.1 million for the Nenagh based dairy co-operative.
Turnover in the dairy division rose 13.6pc to €132.5m – however the trading division which includes Arrabawn's agri-store and feed business was almost unchanged at €52.5m.
