Procter & Gamble second-quarter profits rise 53 per cent despite sales drop

Cincinnati, OH - Procter & Gamble Co. (NYSE: PG) is another consumer-product maker that has posted strong outlook in the sector as the company said its quarterly profit soared by 53 percent, boosted by a sizable gain from the sale of the Folgers coffee business.

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- Posted: 2009-01-30 09:03:46

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