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Issue: 05/05/08 Print Print this Article   RSS RSS

Procter & Gamble Profit Rises

Xinhua News Agency - CEIS

Procter & Gamble profit rises

NEW YORK, April 30 (Xinhua) -- Consumer products maker Procter & Gamble Co. said Wednesday its third quarter profit rose 8 percent.

The company reported profit of 2.71 billion U.S. dollars, or 82 cents per share, for the January-March period compared with 2.51 billion dollars, or 74 cents per share, a year ago.

Revenue rose 9 percent to 20.46 billion dollars from 18.69 billion dollars last year.

The company now expects fiscal 2008 earnings to be between 3.48 dollars and 3.50 dollars per share, from previous guidance of 3.46 dollars to 3.50 dollars per share.

(c) 2008 Xinhua News Agency - CEIS. Provided by ProQuest Information and Learning. All rights Reserved.

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