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KR income lower

Published on .

Knight-Ridder, Miami, reported net income for the first quarter of 1996 at $23.5 million, a 34.1% decline from a year ago, on operating revenue of $697.7 million, up 3.4%. Operating income declined 28.7%, to $50.6 million. Operating revenue for the newspaper division rose 6.3% to $570.8 million, but income declined 21.2% to $61.2 million.

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