P&G, Coca-Cola report higher quarterly profits

By MG News | April 23, 2019 at 06:10 PM GMT+05:00

0:00

April 23, 2019: Procter & Gamble and Coca-Cola reported higher quarterly profits on Tuesday, lifted by premium consumer items at Procter and new beverage offerings at Coca-Cola.

P&G, whose brands include Bounty paper towel and Crest toothpaste, reported profits of $2.7 billion in its fiscal third-quarter, up 9.3 percent from the year-ago period.

Revenues rose 1.1 percent to $16.5 billion.

P&G scored a solid five percent increase in "organic" sales, which strips out foreign exchange effects and divestitures.

(APP)

Related News

China opens BRICS Customs Centre to boost trade ties

Trump warns of 10% tariff on BRICS-aligned nations

UK autos exempted under U.S. tariff cut but steel still in question

Name	Price/Vol	%Chg/NChg
KSE100	133,105.14 118.90M	-0.20% -265.00
ALLSHR	82,960.71 444.02M	-0.15% -120.44
KSE30	40,586.25 38.43M	-0.29% -119.05
KMI30	191,691.56 47.76M	-0.46% -889.12
KMIALLSHR	55,724.26 252.70M	-0.20% -111.45
BKTi	36,313.10 6.58M	-0.01% -4.07
OGTi	28,397.53 3.64M	-0.51% -145.43

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,630.00	108,880.00 107,680.00	175.00 0.16%
BRENT CRUDE	69.43	69.50 69.03	-0.15 -0.22%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.90 3.07%
ROTTERDAM COAL MONTHLY	106.00	106.75 106.00	0.25 0.24%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.73	67.97 67.40	-0.20 -0.29%
SUGAR #11 WORLD	16.25	16.46 16.07	-0.13 -0.79%