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Published Mon, Apr 21, 2014 · 10:00 PM
Food Empire expects net loss for Q1
INSTANT coffee mix maker Food Empire Holdings warned that it expected a net loss for the first quarter ended March 31, 2014, because of the unrest between Russia and Ukraine, two of the group's key markets.
The unrest has hit both countries' currencies and forced revaluations of certain outstanding debt, Food Empire said.
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