Want Want China 2014 Profit Falls

Want Want China Holdings Ltd. WWNTY posted a 9.7% decline in its net profit for 2014. Want Want China Holdings posted a net profit of $620.5 million for the year, compared to a net profit of $687.3 million. Its revenue slipped 1.1% to $3.78 billion. For 2014, the company's board proposed a final dividend of 1.21 U.S cents a share, versus 2.27 U.S. cents, in the year-ago period. Want Want China shares rose 1.50% to close at $51.63 yesterday.