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Maple Leaf Foods posts loss on production revamp costs
date:Feb 28, 2014
jumped 19 percent to C$15.3 million ($13.8 million) in the quarter, while selling, general and administrative expenses rose 11 percent.

The company sold its Canada Bread Co unit to Mexico's Grupo Bimbo earlier this month for C$1.83 billion in cash to focus on its meats business.

Maple Leaf reported a net loss from continuing operations of C$14.4 million, or 13 Canadian cents per share, for the quarter compared with a net profit of C$41.0 million, or 27 Canadian cents per share, a year earlier

12/24 11:03