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Petra Q4 profit drops 93.5%; plans 9.82 US ¢ a share payout

It attributes "disappointing" performance to slowdown of Indonesian economy, rupiah's weakness
Tuesday, February 23, 2016 - 05:50


PETRA Foods' fourth-quarter net profit fell 93.5 per cent to US$800,000 amid a weaker Indonesian economy, but the company is planning a distribution of 9.82 US cents per share from excess cash.

The chocolate confectioner posted earnings per share of 0.13 US cents for the

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