Huntsman posts higher fourth-quarter profit

By Staff Reporter
Reuters US Online Report Business News

Feb 16, 2012 06:15 EST

(Reuters) - Chemicals maker Huntsman Corp <HUN.N> posted a bigger fourth-quarter profit helped by higher prices for chemicals used to make insulation and paint.

For the quarter, net income attributable to the company rose to $105 million, or 44 cents per share, from $30 million, or 12 cents per share, a year ago.

Excluding items, Huntsman earned 28 cents a share.

Revenue rose 9 percent to $2.63 billion.

(Reporting by Swetha Gopinath in Bangalore; Editing by Viraj Nair)

Source: Reuters US Online Report Business News

 

Related Stories