Mastellone Company lost $27.68 mn in Q1

The dairy company Mastellone Hnos, known in the local market for its brand La Serenissima, presented yesterday the financial results of the first quarter and reported losses totalling 1.47 billion pesos ($27.68 mn), mainly because the increases in costs could not be compensated by selling prices, as detailed by the company.

Source: Ámbito