Tags: dow | chemical | profit | earnings

Dow Chemical Net Profit Falls 62 Percent

Wednesday, 23 July 2014 07:39 AM

Dow Chemical Co. said its second-quarter net profit fell 62 percent from a year earlier, when it received $2.2 billion in damages from Kuwait's state chemical company for pulling out of a petrochemical venture in 2008.

Dow Chemical's net income available for common stockholders fell to $882 million, or 73 cents per share in the quarter ended June 30, from $2.34 billion, or $1.87 per share.

Revenue rose 2 percent to $14.92 billion.

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Dow Chemical Co. said its second-quarter net profit fell 62 percent from a year earlier, when it received $2.2 billion in damages from Kuwait's state chemical company for pulling out of a petrochemical venture in 2008.
dow, chemical, profit, earnings
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2014-39-23
Wednesday, 23 July 2014 07:39 AM
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