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China Minzhong Q3 profit halves to 49.1m yuan
Add BT as a preferred sourcePublished Mon, Apr 25, 2016 · 09:50 PM
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Singapore
China Minzhong Food Corporation's net profit was halved in the third quarter, as a poorly-performing beverage division and exchange losses continued to dog the company.
The integrated vegetable processor's net profit tumbled 55 per cent from a year ago to 49.1 million yuan (S$10.21 million) for the three months ended March 31.
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