July 23, 2008 / 11:07 AM / 10 years ago

Philip Morris second-quarter profit rises

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.

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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