Stepan Q4 net income decreased by 44%

Stepan Q4 net income decreased by 44%
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

21.02.2022

MOSCOW (MRC) -- Stepan's Q4 net income fell 44% year on year to USD17m amid global supply chain disruptions and inflationary pressures, said the company.Furthermore, the prior-year Q4 benefited from a one-off USD13m insurance recovery related to a plant outage at Millsdale, Illinois in 2020. Operating income fell to USD32.4m, from USD43.3m in Q4 2020, primarily due to supply chain disrupt

Full article at mrcplast.com

Back

news