P&G\\\'s quarterly profit jumps 37pc on cost cuts
August 02, 2014 00:00:00
PASADENA, California, Aug 1 (Reuters) : Procter & Gamble Co, the world's largest household products maker, reported a 37 per cent rise in quarterly profit, helped by lower operating costs.
Net profit attributable to the company rose to $2.58 billion, or 89 cents per share, in the fourth quarter ended June 30, from $1.88 billion, or 64 cents per share, a year earlier.
The maker of Pampers diapers and Tide detergent said net sales fell 1 per cent to $20.16 billion.
