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Petra Foods’ cocoa arm tumbles on ‘weak’ chocolate demand as own products profit
date:Aug 09, 2012
branded consumer division.

Contrastingly, the consumption trend in developing markets such as Indonesia and the Philippines continues to be vibrant and robust boosted by their strong economies and fast growing middle-income populations,said the firm.

Consequently, division sales in Petras consumer brands business grew around 15% to $377.9m and EBITA rose an astounding 44.7% to $21.6m.

Growth was strongest for the companys own brands in Indonesia and the Philippines. Results were also helped

12/22 01:16