BASF expects third-quarter net loss on impairments as COVID-19 crushes demand

MOSCOW (MRC) -- BASF has released preliminary figures for the third quarter and says it expects to post a net loss of EUR2.12 billion (USD2.50 billion) compared with a net profit of EUR911 million in the year-earlier period due to non-cash impairments and restructuring provisions, below current analyst estimates, said Chemweek.However, the company says its operating performance was "bette

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