June 2, 2016 / 4:41 PM / a year ago

Canadian dairy producer Saputo posts lower profit

June 2 (Reuters) - Saputo Inc, one of Canada’s largest dairy producers, reported lower quarterly earnings on Thursday.

For its fiscal fourth quarter, net income dropped to C$141.2 million, or 36 Canadian cents a share, from C$157.4 million, or 39 Canadian cents, a year earlier. (By Rod Nickel in Winnipeg, Manitoba)

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