SINGAPORE/TAIWAN: Want Want posts higher Q2 net profit
Singapore-listed Taiwanese snack maker Want Want Holdings has reported first-half net profit up 15% to US$43.81m, helped by improvements in sales and operating efficiency. The company said that despite the impact of the outbreak of Severe Acute Respiratory Syndrome (SARS), second-quarter net profit was up 31.5% to $15.6m, thanks to improved sales of its rice cracker products. Sales rose 19% to $103.7m.
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