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    Donaco FY17 profit down on non-recurring items

    Australia-listed Donaco International reported a 60.6 percent decline in net profit in FY17 compared to the prior-year, due to a number of non-recurring items. Net-profit-after-tax for the year fell to A$31 million (US$24.7 million) in FY17, down from A$78.7 million in FY16. Donaco said that the fiscal year saw merger and acquisition costs, working capital […]