Reuters logo
4 years ago
Mexico's Kimber reports higher second-qtr profit
July 18, 2013 / 9:13 PM / 4 years ago

Mexico's Kimber reports higher second-qtr profit

1 Min Read

MEXICO CITY, July 18 (Reuters) - Kimberly-Clark de Mexico, Mexico's leading paper products company, said on Thursday its second-quarter profit rose 18 percent, thanks to greater sales, cost savings and a stronger peso.

The company said in a press release profit rose to 1.2 billion pesos ($92.3 million) from 1 billion pesos in the same quarter last year.

Kimber, a unit of U.S.-based Kimberly-Clark Corp, said quarterly revenue increased 5 percent to 7.6 billion pesos.

Shares in Kimber, which sells Huggies diapers and Kleenex tissues in Mexico, closed down 1.57 percent at 42.07 pesos on Thursday.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below