Board posts loss of £500,000 over last year
The chair of the post office says she's hopes the organisation can balance its books in the next three years.
It's after a £500k loss was posted for the last financial year.
Julie Edge MHK says savings have been made in a number of areas as part of its modernisation strategy, approved by Tynwald this year.
These include the closure of some sub post offices, pensions changes, and a move to five-day mail delivery service.
Ms Edge says finances are heading the right way:
You can watch Ms Edge's full interview with Manx Radio's Ewan Gawne below:
'Massive chef shortage' on the Island
Braddan Commissioners introduces new 'strategic plan' for the next three years
Lezayre Commissioners asking DOI to delay NCAS board formation due to Bride
Praise for Small Countries Management Programme