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Foster's H1 profit at lowest in four years

China Daily | Updated: 2010-02-17 06:56

Foster's H1 profit at lowest in four years

A bartender pours a glass of Foster's beer at a pub in Melbourne, Australia. Foster's hasn't made a decision on whether to seek a formal split into separate beer and wine firms. Bloomberg News

MELBOURNE, Australia: Foster's Group Ltd, Australia's biggest beer and winemaker, reported its lowest first-half profit in four years as gains in the nation's currency slashed the value of overseas sales and wine demand fell.

Foster's H1 profit at lowest in four years

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