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Philip Morris second-quarter profit rises

CHICAGO
Wed Jul 23, 2008 7:06am EDT

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CHICAGO (Reuters) - Marlboro cigarette maker Philip Morris International Inc (PM.N) on Wednesday posted higher quarterly profit, helped by the weak dollar and an increase in the number of cigarettes shipped.

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The company, which was spun off from Altria Group Inc (MO.N) at the end of March, said second-quarter profit rose to $1.82 billion, or 86 cents a share, from $1.48 billion, or 70 cents a share, a year earlier.

(Reporting by Brad Dorfman; Editing by Lisa Von Ahn)
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