Food ingredients group Burns Philp, 54 per cent owned by New Zealand entrepreneur Graeme Hart, has earned a net profit of $A10.1 million ($12.58 million), up from $A2.4 million a year ago.
For the full year, the company said, its Australian dollar result was expected to exceed that of the previous year, although in terms of its operations overseas, local currency earnings before interest and tax (EBIT) would be less than the previous year.
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