Fosters Posts Lowest First-Half Profit in Four Years: Video

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Feb. 16 (Bloomberg) — Bloomberg's Heidi Couch reports on Foster's Group Ltd.'s first-half profit.¶¶¶ Australia's biggest beer and winemaker's net income dropped to A$355.7 million ($316 million) in the six months ended December from A$411.3 million a year earlier, Australia's biggest beer and winemaker said in a statement today. Fosters was projected to post profit of A$381 million, according to the median estimate of four analysts surveyed by Bloomberg News.

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Fosters Posts Lowest First-Half Profit in Four Years: Video