DANONE PROFITS SHRINK 7% IN H1 OF 2007

AsiaInfo Services 03-12-2008 Danone Profits Shrink 7% in H1 of 2007 SHANGHAI, Aug 03, 2008 (SinoCast via COMTEX) -- The net profits of the Group Danone, one of the world's leaders in food industry, dropped 7% from a year earlier, in accordance with its interim report issued on July 30. The sales of the joint venture between Danone and Hangzhou Wahaha Group Co., Ltd.

is forecasted to fall about 33% in the second half of 2007, said Emmanuel Faber, vice president for Danone Asia Pacific Region. The operating revenue of Danone increased 9.2% to EUR 6.5 billion. However, its net income ...

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