BASF swings to net loss in Q2 on Wintershall Dea impairment
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