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Hershey's revenue rises 2.8 pct on new chocolate launches

April 26 Hershey Co, the maker of Kisses and Reese's Peanut Butter Cups, reported a 2.8 percent rise in quarterly revenue as the launch of new chocolates boosted demand in the United States.

However, net income attributable to the company fell to $125 million, or 58 cents per share, in the first quarter ended April 2, from $229.8 million, or $1.06 per share, a year earlier.

The latest quarter included a $208.7 million asset impairment charge.

Net sales rose to $1.88 billion from $1.83 billion. (Reporting by Karina Dsouza and Sruthi Ramakrishnan in Bengaluru; Editing by Sriraj Kalluvila)

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