Business conglomerate 3M reports Q2 profit amid strong sales increase

( – Business conglomerate 3M reported Tuesday net income of US$1.16 billion in the second quarter, slightly surpassing the year-before result amid strong sales growth. The St. Paul, Minnesota-based company said the earnings — up from US$1.12 billion last year — came while sales surged 14 percent to US$7.7 billion in the period ending June 30.

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