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Post Office profits up by over a million pounds

The Post Office says it's profits rose by more than a million pounds last year.

Its latest results show the organisation made £3.85 million pounds profit last year, up £1.25 million.

In a statement, it says its turnover remained at £25.1 million, driven by operational efficiencies and cost management.

Post Office chair Stu Peters says future plans involve electrifying up to 70 of its vehicles and installing solar panels at postal headquarters in Braddan.

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