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Australia's Foster's Group profit down 17 percent

Australia's Foster's Group profit down 17 percent

Foster's Group Ltd., the world's second-largest wine company, reported a 17 percent fall in annual net profit Tuesday, but forecast improved revenue in the second half of the year on strong beer sales and higher wine prices.
The Melbourne-based company reported net profit of 966.2 million Australian dollars (US$796.7 million;


Updated : 2021-05-18 00:45 GMT+08:00