China food maker Tingyi 2014 net profit down 2 pct, lags forecast
March 23, 2015 at 00:32 AM EDT
SHANGHAI, March 23 (Reuters) - China's largest food and beverage maker Tingyi (Cayman Islands) Holding Corp said net profit fell 2 percent in 2014, while a slowing economy and fierce competition dragged sales down for the first time in almost two decades.