Negosyante News

May 20, 2024 3:38 pm

Barry Callebaut Grapples with Soaring Cocoa Costs

Barry Callebaut, the leading chocolate supplier globally, reported a significant profit decline due to escalating cocoa prices, with net earnings dropping by two-thirds to 76.8 million
As Valentine’s Day approaches, Hershey is navigating through turbulent waters due to a significant surge in cocoa prices, which has implications for the company’s profit growth

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