MEXICO CITY, July 18 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
Shares in Kimber, which sells Huggies diapers and Kleenex
tissues in Mexico, closed down 1.57 percent at 42.07 pesos on