date:Nov 29, 2013
ofit in the third quarter of 2013 totalled $22.6 million, 14.0% of sales, up 15.7% from an operating profit of $19.5 million in Q3/2012, which accounted for 12.4% of sales. The operating profit in the first nine months of 2013, net of one-time expenses, rose 15.7% to $68.6 million, 14.2% of total sales.
The company said that its record results for the third quarter and first nine months of 2013 were achieved owing to the significant expansion of its activities in developing markets with higher