Listed agribusiness firm Calata Corp. registered a hefty fall on its first-half net income on the weight of the increase in its operating expenses as well as the decline in its sales during the period.

In its financial statement posted at the Philippine Stock Exchange on Thursday, Calata Corp. reported a 35.5-percent decline in its net income during the first six months of the year, earning only P38.2 million from the P59.2 million it earned in the same period last year.

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