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Mexico's Alsea sees third-quarter profit drop by 36%

MEXICO CITY (Reuters) - Mexican restaurant operator Alsea ALSEA.MX on Wednesday reported net profit of 190.6 million pesos ($9.67 million) in the third quarter, down by 36.4% compared to the same three-month period last year.

The company, which operates franchises of coffee chain Starbucks in nine global markets, said its revenue in the July to September period was 14.5 billion pesos ($734.8 million).

Reporting by Noe Torres

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