Family-owned Graham's, which describes itself as "Scotland's largest independent dairy company", highlighted "ongoing competitive pricing in the dairy category" as it revealed its pre-tax profits had dropped to £604,025 in the year to March 31, 2011 from £1.05m in the prior 12 months.
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Graham's hit by shock plunge in pre-tax profits
STIRLINGSHIRE-based dairy company Graham's suffered a 42.5% plunge in pre-tax profits in its last financial year in spite of a near-20% leap in turnover to £49.6 million.
