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Maple Leaf reports rising profits in most recent quarter

Maple Leaf Foods enjoying a bounceback of sorts with sales up 6.2% this quarter.

According to a release, profits were $66-million for the quarter ending September 30th, compared to less than $14-million for the same quarter last year.

The company is reporting just over $300-million dollars in capital improvements, primarily at its new poultry processing plant in London.

Plant protein sales also increased 9.3%.

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Ice hockey game. Photo courtesy of © Can Stock Photo Inc. / Modestil

Scoreboard, Nov 11

The Toronto Maple Leafs fell 6-3 to the visiting Colorado Avalanche on Tuesday, for their fourth straight loss.