October 25, 2018 / 10:38 AM / a month ago

Maple Leaf Foods profit slumps 29 pct

Oct 25 (Reuters) - Canadian meat packaging company Maple Leaf Foods reported a 29.3 percent slump in quarterly profit on Thursday, hurt by lower pork prices.

The company's net earnings fell reut.rs/2EGELkf to C$26.6 million ($20.43 million), or 21 Canadian cents per share, in the third quarter ended Sept 30, from C$37.6 million, or 29 Canadian cents per share, a year earlier.

Sales fell to C$874.8 million from C$908.4 million. ($1 = 1.3017 Canadian dollars) (Reporting by Shanti S Nair in Bengaluru; Editing by Arun Koyyur)

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