Maple Leaf Foods Inc. Reports Q2 Profit Rise - Canadian Manufacturing

Maple Leaf Foods returns to profitability in Q2

Company expects to complete the spin-off of its pork operations as Canada Packers by the end of 2025.

Maple Leaf Foods Inc. Reports Q2 Profit Rise - Canadian Manufacturing

Maple Leaf Foods Inc. reported its second-quarter profit of $57.8 million, compared with a loss of $26.2 million a year ago. Its earnings amounted to 46 cents per diluted share for the quarter ended June 30, up from a loss of 21 cents per share in the same quarter last year, the company said on Aug. 7. On an adjusted basis, Maple Leaf says it earned 56 cents per share in its latest quarter, up from an adjusted profit of 18 cents per share a year…

Maple Leaf’s Pork Division Powers Major Q2 Profit Rebound - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info

Maple Leaf Foods has delivered a sharp turnaround in its second-quarter results, with the pork division emerging as the top driver of growth. The company posted net earnings of C$57.8 […] The post Maple Leaf’s Pork Division Powers Major Q2 Profit Rebound appeared first on Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info.