Procter & Gamble profits on demand in developing countries

Procter & Gamble profits on demand in developing countries New York - Consumer goods company Procter & Gamble on Wednesday reported strong profits in its first quarter of the 2008- 2009 fiscal year on high demand for its products in developing countries.

The maker of brands like Pampers and Gillette said profits were up 9 per cent to 3.35 billion dollars. The earnings amounted to 1.03 dollars per share, up 12 per cent from the year-earlier period.

Revenue rose 9 per cent to 22 billion dollars as it passed on higher energy and material costs to consumers. (dpa) 

.

Technical View on Stocks
Anil ManghnaniRajat BoseVijay BhambwaniAmbareesh BaligaPrakash GabaSudarshan SukhaniAshwani GujralAshu Madan



Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate