Kimberly-Clark second-quarter profit falls on higher costs, increased taxes

(ChinaPost.com.tw) – Consumer products maker Kimberly-Clark Corp. said Monday that its second-quarter profit fell 18 percent, dragged down by higher commodity costs and an increased tax rate. The Dallas company also said it expects 2011 adjusted earnings will likely be in the lower half of its previous range, but raised its full-year revenue guidance. Its shares fell 65 cents to US$67.25 in premarket trading.

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