The net profit of a major American chemical company, DowDuPont, increased 2.5 times compared with 2017 and amounted to $3.999 billion. Diluted earnings per share increased to $1.65 compared to $0.91 in 2017. The company increased revenue by 37.6% to $85.977 billion. In the fourth quarter of 2018, net profit amounted to $513 million, while in 2017 DowDuPont recorded a loss of $1.216 billion. Profit per share exceeded $0.2 against a loss of $0.54 over the earnings period of 2017. Quarterly revenue was 0.2% more than in 2017 and amounted to $20.099 billion. In the summer of 2017, a merger was held between DuPont and Dow Chemical. The head of DowDuPont, Ed Brin, believes that the company managed to achieve high performance thanks to the merger.
Spirit AeroSystems shares fall; the company holds discussions with Boeing27.05.2020
National Bank of Canada, Scotiabank surpass forecast despite profit decline30.04.2020
Nintendo on profit streak as quarantine boosts sales29.04.2020
Daimler says profit s from Mercedes-Benz division to rise in 2020