SENECA FOODS REPORTS DROP IN PROFIT

Wayne County’s Seneca Foods Corp. reported a decrease in first-quarter profit, despite an increase in sales.
The Marion based food processor posted net earnings of $1.3 million, or 12 cents a share, compared with net earnings of $8.2 million, or 67 cents a diluted share, a year ago.
Sales were up less than 1 percent to $232.1 million.

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