BASF swings to net loss in Q2 on Wintershall Dea impairment

BASF swings to net loss in Q2 on Wintershall Dea impairment
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21.08.2020

MOSCOW (MRC) -- In line with estimates, BASF SE recorded a second-quarter net loss of EUR878 million, or a loss of 95 cents per share, compared with a net income of EUR5.95 billion, or EUR6.48 per share, a year earlier, according to S&P Global.The German chemical giant attributed the loss to a noncash-effective impairment of its Wintershall Dea shareholding amounting to EUR819 million du

Full article at mrcplast.com

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