Swiss food company Laiteries Reunies Geneve has posted 2002 net profit of 292,000 Swiss francs (US$211,600), down 50% year-on-year.

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The company’s total turnover for the year was 349.4m francs, up 19.9% year-on-year, which the company attributed the increase to the takeover of some Swiss Dairy Foods production units, reported the Swiss News Digest.

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