Two natural disasters helped push the Cork-based unit of manufacturer Alps Electronics into the red last year.
The Japanese manufacturer employs nearly 500 people at its Millstreet plant and accounts show that the firm recorded a pre-tax loss of €90,895 in the 12 months to the end of Mar 31 this year. This followed the firm recording a pre-tax profit of €988,923 in 2011.
The directors’ report cites the Japanese earthquake in Mar 2011 and … read the full story in the Irish Examiner (Dec 18th 2012)