KEY POINTS:
PepsiCo, the world's second-largest softdrink maker, said first-quarter profit rose 16 per cent on the strength of its international beverage and Frito-Lay snacks divisions.
Profit for the quarter ending March 24 was US$1.1 billion ($1.47 billion). Revenue rose 9 per cent to US$7.35 billion.
- AGENCIES
