Petra Foods posts US$12.37m Q2 profit
Excluding results of discontinued operations, earnings stand at US$13.2m
PETRA Foods, which completed the divestment of its cocoa ingredients division in June last year, yesterday posted a second-quarter net profit of US$12.37 million from continuing and discontinued operations, against US$4.75 million for the year-ago period.
Stripping off the results of discontinued operations, profit attributable to equity-holders was US$13.2 million, down 10.6 per cent. This came as greater selling and dist…
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