Publishing its accounts for 2006 today, the State's national postal service said that some of the profit came from the sale of its parcel depot on the Naas Road in Dublin.
Strong sales saw turnover increase by 8.8% to €818.8m, but operating profit fell by almost 10% to €14.7m because of spending on fleet renewal, fuel price rises, and upgrading security at post office branches.
An Post chief executive, Donal Connell, said that in its Strategic Plan 2011 a certain amount of closures in the rural network would take place.
An Post is on track to record profits gain in 2007.
