Capital, Earnings & M&A
From P&G's Earnings Call: The 'New Stage' of the Chinese Market in the Eyes of Foreign Companies
During the mid-year earnings season, international giants summarize their performance over the past half year or fiscal year, and their key takeaways carry significant industry guidance. On the morning of July 30, US time, global daily chemical giant P&G released its fiscal 2024 (July 2023 - June 2024) results, with net sales of $84.039 billion (approximately RMB 609.4 billion), up 2% year-over-year, once again setting a record high. The day before, P&G's stock price briefly broke through the $170 mark, hitting an all-time high...
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