Procter & Gamble quarterly profits up
New York - US consumer pharmaceuticals company Procter & Gamble (P&G) reported a quarterly profit Tuesday despite higher costs for energy and raw materials.
Profit in the fiscal fourth quarter ending June 30 was 3 billion dollars, a rise of a third on the year before, the company announced from its headquarters in Cincinnati, Ohio.
Sales rose by 10 per cent to 21.3 billion dollars, boosted by the exchange rate benefits of a weak dollar.
P&G products include Pampers nappies, Gillette shaving products and Ariel clothes washing products. (dpa)
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