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Fonterra doubles profit to $1 6bn but warns of falling farmgate milk price

Fonterra doubles profit to $1 6bn but warns of falling farmgate milk price
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Fonterra boosts profits 170% and more than doubles dividend payment

Fonterra's after-tax profits have risen to $1.577 bln, with a full-year dividend of 50c per share and a final declared milk price of $8.22 per kilogram of milk solids

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