CANADA: Maple Leaf Foods reports sharp fall in Q2 net profit
Canada's Maple Leaf Foods has reported a decline in second-quarter profit due to a drop in meat sales. The company posted a net profit of C$1.8m (US$1.3m), or 1 cent per share, for the quarter to 30 June, compared to $22.6m, or 19 cents per share, a year earlier. Analysts polled by Reuters had been expecting profit of 13 cents per share.
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