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Petra Foods’ cocoa arm tumbles on ‘weak’ chocolate demand as own products profit
date:Aug 09, 2012
However, its overall profit was sustained by its branded consumer goods division, which profited from rising consumption in developing markets such as Indonesia and the Philippines.

Petra Foods supplies cocoa ingredients to major confectioners such as Nestl, Kraft/Cadbury and Mars through its Delfi brand. It also produces its own chocolate for markets in Asia-Pacific under brands such as SilverQueen, Ceres and Delfi.

Results roundup

The companys overall EBITDA for the second quarter (Q2) wa

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