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ATLANTA -- AFC ENTERPRISES INC., operator or franchisor of 1,833 POPEYES CHICKEN & BISCUITS outlets, posted a first-quarter operating profit of $12.7 million, eclipsing a loss of $17.7 million for the year-earlier period, whose results were affected by shareholder litigation expenses, general and administrative costs and lower franchising revenue. AFC reported net income of $5.8 million, or 19 cents per diluted share, for the 16 …