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Berjaya Food Shares Fall After Sharp Decline in Profit

By Ying Xian Wong

Berjaya Food’s shares fell early Tuesday after its quarterly net profit fell sharply amid pressure on margins.

Shares of the Malaysian food and beverage chain operator slid as much as 5.9% and were recently 3.7% lower at 0.65 ringgit, bringing its year-to-date losses to 38%.

Berjaya…

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