USA: Heinz reports rise in Q1 net income
US food company H J Heinz has said its first-quarter net income more than doubled, helped by strong sales in its condiments, foodservice and Asia-Pacific businesses. The Pittsburgh, Pennsylvania-based company reported earnings of US$214.0m, or 60 cents a share, for the first quarter to 30 July, compared with $100.0m, or 28 cents a share, a year earlier.
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