company will increase even more.
If product prices are confirmed to rise in the future, P&G plans to maintain market share by increasing consumers awareness of the value of its products and launching new or upgraded products. Jon Moeller said that after the price increase takes effect, P&G will improve existing products and increase product features to appease consumers.
Procter & Gamble CEO David Taylor said on the 20th: “Under a continuously challenging operating environment, we have achieved another quarter of stable revenue, net profit and cash income.” Procter & Gamble
is
third-quarter net profit was 3.3 billion US dollars, an increase of 12% year-on-year, revenue increased 5% to 18.1 billion US dollars.
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