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Profits increase 5.7% and sales rise a modest 1%.
July 27, 2010
By: TOM BRANNA
Editor
Thanks to a modest improvement in the global economy and the right product mix, Kao Corp. said Monday that sales and profits rose in its fiscal first quarter ended June 30, 2010. The company said net profit grew 5.7 percent to 12.48 billion yen, or $141 million at average exchange, for the three months ended June 30. Sales for the period increased 1 percent to 289.97 billion yen, or $3.28 billion. Operating profit jumped 34.6 percent to 26.17 billion yen, or $295.8 million. The company ...
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