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CANADA: Sales and profits rise at Magnotta

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The Canadian wine company, Magnotta Winery Corporation, has reported an 18.9% increase in net revenues from C$3.9m to C$4.7m for the first quarter of the current fiscal year. Net earnings rose by 48.8% in the quarter to the end of April 2002 from C$0.4m to C$0.6m.


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