Elkem profits dropped in 2020 on lower prices

Elkem profits dropped in 2020 on lower prices
WESPECH PTE LTD
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16.03.2021

MOSCOW (MRC) -- Elkem has announced its results for full-year 2020 and says that net profits dropped 69%, to 278.0 million Norwegian kroner (USD32.9 million), despite a 9% increase in sales, to NKr24.7 billion, reported Chemweek.The company says that "even though realized prices declined in 2020 and overall market demand was weak, Elkem's sales volumes increased in the year owing to an en

Full article at mrcplast.com

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