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The net profit of a major American chemical company, DowDuPont, increased 2.5 times compared with 2017 and amounted to $3.999 billion. Diluted earnings per share increased to $1.65 compared to $0.91 in 2017. The company increased revenue by 37.6% to $85.977 billion. In the fourth quarter of 2018, net profit amounted to $513 million, while in 2017 DowDuPont recorded a loss of $1.216 billion. Profit per share exceeded $0.2 against a loss of $0.54 over the earnings period of 2017. Quarterly revenue was 0.2% more than in 2017 and amounted to $20.099 billion. In the summer of 2017, a merger was held between DuPont and Dow Chemical. The head of DowDuPont, Ed Brin, believes that the company managed to achieve high performance thanks to the merger.
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
Intel Corp. (INTC.O) announced on Monday that Chief Engineering Officer Murthy Renduchintala would leave the company on August 3. The semiconductor manufacturing company said that it would reorganize its technology, systems architecture, and ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
Tesla Inc.’s (TSLA) Chief Executive Officer Elon Musk announced on Thursday that Wall Street’s most controversial stock might join the S&P 500 after the company’s market value has risen from $50 billion to more than $250 ...
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