Wacker projects swing to profit in 2020, lower sales due to COVID-19 impact on volumes

Wacker projects swing to profit in 2020, lower sales due to COVID-19 impact on volumes
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

03.02.2021

MOSCOW (MRC) -- Wacker expects to post a net income of EUR200m in 2020, swinging from a net loss of EUR630m in 2019 on improved operational earnings, the German specialty chemicals firm said.The company's earnings before income and taxes (EBIT) in 2019 were weighed by an impairment charge of EUR760m on the carrying amount of its polysilicon production facilities. Due to the coronavirus pa

Full article at mrcplast.com

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