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Guinness-maker Diageo reports falling profits

2015-01-29 14:32:55| Beverages - Topix.net

Diageo, the British maker of alcoholic drinks, reported Thursday a slump in profits, hit by falling sales of whisky in China and economic strains in Venezuela and Russia. Net profits slid 18 percent to A 1.31 billion in the six months to December 31 -- the first half of the group's financial year -- compared with the equivalent period one year earlier.

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