Molinos lost $1.7 mn in the first quarter

The food company Molinos Rio de la Plata presented yesterday its financial results for the first quarter of the year, and reported a net loss of 114 million pesos ($1.7 mn), due to the impossibility of transferring the increase in costs to the prices of its product portfolio. Molinos has been presenting negative balances for at least three years.

Source: Ámbito