Profit at Canadian dairy Saputo rises 12 pct

Tue Aug 6, 2013 9:56am EDT

Aug 6 (Reuters) - Canada's largest dairy producer Saputo Inc reported higher quarterly earnings on Tuesday.

For the first quarter of fiscal 2014, net income rose 12.2 percent to C$136.7 million ($131.4 million), or 69 Canadian cents a share, from C$121.8 million, or 60 Canadian cents, a year earlier.