Crown Holdings sees Q2 profits dip
date:Jul 21, 2012
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Six month results

In the six months to 30 June, gross profit fell $36m to $627m reflecting inventory holdings gains from the first quarter of 2011 that did not recur in 2012 and unfavourable foreign currency translation.

Segment income decreased $30m to $431m which Crown attributed to inventory holding gains and $11m of unfavourable foreign currency translation.

Net income attributable to Crown Holdings for the first six months of 2012 rose to $203m compared to $145m in the first six month
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