Procter & Gamble increased net profit by 15% in the first 9 months of the fiscal year


American Proctor & Gamble, one of the world's largest producers of consumer goods, reported that in the first 9 months of the fiscal year ended in late March, its net profit increased by 15.4% compared to the same period a year earlier to 9 billion 203 million dollars. The company's third quarter report showed annual net profit growth of 9% to $2 billion 745 million and an increase in revenue of 1%. Good quarterly results allowed the company to increase the forecast for organic sales growth to 4% for the current fiscal year from 2-4% expected earlier.

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