Olin swings to loss on weak demand, falling prices

Olin swings to loss on weak demand, falling prices
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
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06.02.2020

MOSCOW (MRC) -- Olin (Clayton, Missouri) reports a fourth-quarter net loss of USD77 million, swinging from a profit of USD53 million in the year-ago period on weak demand and falling prices, according to Chemweek.Sales totaled USD1.387 billion, down 15% year over year (YOY) from USD1.635 billion. Earnings per share came to a 49 cent loss, missing the average analyst estimate of an 11 cen

Full article at mrcplast.com

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