Beverage Maker Posts Lower Profits
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Hansen Natural Corp., an Anaheim soda and juice company, reported a first-quarter profit of $66,897, or 1 cent a share, down 20% from the $83,897, or 1 cent a share, recorded for the 1993 first quarter. Revenue rose to nearly $6 million from $4.6 million. The company said the majority of revenue increase resulted from the new products in the third quarter of 1993 and first quarter of 1994.
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