date:Aug 20, 2013
Singapore-based chocolate confectionery manufacturer Petra Foods has announced that its branded consumer goods business achieved a net profit of US$28.9 million, up 13.2% on the year-ago period. At constant exchange rates, the company said, net profit growth would have been 21.1%.
Revenues for the branded consumer goods business increased 5.6% to $253 million for the half year.
However, its cocoa business which the company sold to Barry Callebaut on 30 June this year - lost $39 million, meani