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Macadamia producer posts loss

This article was originally published in Foodnews

HAWAII-based ML Macadamia Orchards has reported a net loss of US$42 000 in the third quarter, on total revenues of US$5.7 million, compared with a net profit of US$886 000 on US$5.8 million for the same period last year. The lower profit was attributed to a crop insurance recovery of US$886 000 for the production year to 30 June 2008.

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