Procter Gamble & profit drops 48% in fiscal Q4
8/1/2013 -
Procter Gamble & reported that its net profit fell 48% in the fourth fiscal quarter, ended June 30, to $ 1.88 billion (US $ 0.64 per share), compared with profit of $ 3.63 billion (US $ 1.24 per share) in the same period last year. Excluding extraordinary items as restructuring, adjusted earnings fell to US $ 0.79 per share in the quarter, compared with profit of $ 0.82 per share a year earlier.
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