August 9, 2012 / 9:28 PM / 6 years ago

Sunopta second-quarter profit rises on strong sales

(Reuters) - Canadian organic food processor SunOpta Inc’s (SOY.TO) (STKL.O) second-quarter profit rose 84 percent on strong growth in the sales of packaged food and higher revenue from a subsidiary.

    Net income attributable to SunOpta rose to $8.1 million, or 12 cents per share, in the second quarter from $4.4 million, or 7 cents per share, a year earlier.

    SunOpta, which has a 66.2 percent stake in Opta Minerals Inc OPM.TO, said revenue rose 2.6 percent to $282.3 million.

    Shares of Brampton, Ontario-based SunOpta, which has a market cap of C$335.8 million, closed at C$5.09 on Thursday on the Toronto Stock Exchange.

    Reporting By Sandhya Vijayan in Bangalore; Editing by Sreejiraj Eluvangal

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