IN BRIEF (Page 17)
China Daily | Updated: 2008-07-25 07:47
Kimberly-Clark falls
Kimberly-Clark Corp, the maker of Huggies diapers and Scott paper towels, said that second-quarter profit declined because of higher costs for pulp and oil used to make diapers and Kleenex tissues.
Net income fell to $416.7 million, or 99 cents a share, from $461.8 million, or $1, a year earlier, the Dallas-based company said yesterday in a statement distributed by PR Newswire. Sales rose to $5.01 billion.
Photo