US breakfast cereal maker Kellogg Company said Thursday profits rose in the second quarter despite increased costs for its raw ingredients as it passed on the prices to consumers, according to dpa. Net profits rose 4 per cent to 312 million dollars, or 82 cents per share, from 301 million dollars, or 71 cents per share, the Battle Creek, Michigan-based firm said. Revenue rose 11 per cent to 3.3 billion dollars on the weaker dollar and higher prices for its popular cereals. Kellogg is the largest US breakfast cereal manufacturer, with brands including Kellogg's Corn Flakes, Frosted Flakes and Rice Krispies.
