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Petra Foods posts US$13.5m Q1 profit

Group plans to further grow its regional businesses

CHOCOLATE maker Petra Foods posted a net profit of US$13.5 million for the first quarter, against a net loss of US$14.9 million for the year-ago quarter which factored in a net loss of US$29 million from discontinued operations.

This translated into earnings per share of 2.22 US cents,

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