Maple Leaf Foods posts loss from continuing operations

Wed Oct 30, 2013 7:56am EDT
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Oct 30 (Reuters) - Canadian food processor Maple Leaf Foods reported a third-quarter loss and a drop in revenue, hurt mainly by weakness in its meats business.

The company, one of Canada's biggest pork processors and bakers, said revenue slipped 2.5 percent to C$1.15 billion ($1.10 billion).

Maple Leaf's loss from continuing operations was 2 Canadian cents per share. By the same measure, the company earned C$11.4 million, or 6 Canadian cents per share, in the year-ago quarter.

Adjusted loss per share was 1 Canadian cent per share, compared with a profit of 13 Canadian cents per share.