Maple Leaf Foods Inc. reported a third-quarter profit of $17.7-million compared with a loss of $4.3-million in the same quarter last year.
Sales for the quarter totalled $1.26-billion, up from $1.24-billion a year ago.
It said its plan to create Canada Packers Inc. to take over its pork business is taking longer than anticipated because it needs to gain Canada Revenue Agency’s opinion of its “butterfly reorganization”.