By  on May 12, 2009

The global economic crisis and the negative effects of currency exchange led to declines across the board at Inter Parfums Inc. for the first quarter ended March 31.

Quarterly profits fell 34.8 percent to $7.3 million from $11.1 million in the year-ago quarter. Net income per diluted share attributable to common shareholders was down by 35.7 percent to 18 cents versus 28 cents in the same period a year ago.

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