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Want Want China 2014 Profit Falls

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Want Want China Holdings Ltd. (OTC: WWNTY) posted a 9.7% decline in its net profit for 2014.

Want Want China Holdings posted a net profit of $620.5 million for the year, compared to a net profit of $687.3 million.

Its revenue slipped 1.1% to $3.78 billion.

For 2014, the company's board proposed a final dividend of 1.21 U.S cents a share, versus 2.27 U.S. cents, in the year-ago period.

Want Want China shares rose 1.50% to close at $51.63 yesterday.

Posted-In: profitEarnings News

 

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