The third quarter revenue of the hottest Dow Chemi

2022-07-31
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Dow Chemical: the year-on-year growth of revenue in the third quarter exceeded expectations

(2) the installation foundation is not firm or the anchor screws are loose

Dow Chemical: the year-on-year growth of revenue in the third quarter exceeded expectations

October 28, 2016

[China paint information]

on the evening of October 27, Beijing time, according to the MarketWatch report of the U.S. financial station, Dow highly 53mm chemical company announced its financial report today, The company's revenue in the latest fiscal quarter increased year-on-year, mainly due to the growth of its agricultural sector

Dow Chemical's share price rose after the financial report was released

Andrew Liveris, chief executive of Dow Chemical, gave an optimistic expectation on the company's business environment outlook on Thursday, pointing out that its North American and European markets have continued to achieve "stable" growth

sales in the agricultural sector increased by 5.8% year-on-year to US $1.24 billion, mainly due to the increase in sales and pricing. So far this year, the sales of the Department have increased by 6.7% year-on-year. Sales of plastic products increased slightly by 0.8% to USD 4.7 billion; The sales of high-performance materials and chemicals decreased by 25% year-on-year to US $2.38 billion, mainly due to the company's divestiture of its D. the production speed of low-cost carbon fiber can keep up with the market demand due to the improvement of the raw material product's specific gravity

on the whole, Dow Chemical achieved a net profit of $804million in the quarter ended September, with earnings per share of 62 cents, compared with the net profit and earnings per share of $1.38 billion and $1.09 respectively in the same period last year. Excluding some one-time items, the adjusted earnings per share in the quarter was 91 cents, higher than 82 cents in the same period last year, exceeding analysts' previous expectations. Thomson Reuters survey showed that analysts' average expected earnings per share was 79 cents

the operating income increased by 3.7% year-on-year to US $12.48 billion in this quarter

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