Maple Leaf Foods Takes Plant Protein Business Charge and Reports Q3 Loss, Sales Up

Maple Leaf Foods Takes Plant Protein Business Charge and Reports Q3 Loss, Sales Up
A Maple Leaf Foods plant is shown in Brandon, Man., in this 2020 handout photo. The Canadian Press/HO - Maple Leaf Foods
The Canadian Press
Updated:
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Maple Leaf Foods Inc. reported a third-quarter loss of $229.5 million as it took a one-time charge related to the value of its plant protein business.

The company says the loss amounted to $1.86 per share for the quarter ended Sept. 30 compared with a profit of $44.5 million or 36 cents per share in the same quarter last year.