SABIC reports lower net profits
SABIC net profit was US $821.60 mn, a decrease of around 30 percent from same quarter in the previous year.
SABIC net profit was US $821.60 mn, a decrease of around 30 percent from same quarter in the previous year.
Following a successful third quarter, materials manufacturer Covestro sees confirmation of its confidence for the full fiscal year.
Following a strong third quarter, Lanxess has continued to achieve solid business development, with its realignment plans progressing faster than expected.
In H1 2015, Grupa Azoty reported EBIT of PLN 535m, up by 83% year on year and net profit of nearly PLN 458m, up by 90% year on year.
The financial year 2014/15 has shown satisfying results for Next Generation Recyclingmaschinen GmbH.
The company announced earnings from continuing operations for the second quarter 2015 of $1.33 billion, or $2.81 diluted earnings per share.
"Clariant continued the strong development of the first into the second quarter,” said CEO Hariolf Kottmann.
SABIC recorded a significant improvement in net profit in the second quarter of 2015 compared to the company's profits in the first quarter of the same year.
Outlook for 2015 confirmed: Slight sales increase expected, EBIT before special items likely to match level of 2014.
Erema has achieved a record turnover figure of 115 million euro for the 2014/15 fiscal year.
Haitian International has announced its financial results for fiscal year 2014.
We increased earnings, despite the disappointing economic development in Europe - said dr Kurt Bock.