Markets :: Basic Chemicals :: Inorganic Chemicals :: Titanium Dioxide
Tronox posts narrower loss
10:19 AM MDT | August 7, 2014 | Lindsay Frost
Tronox has reported its second quarter results, posting a narrower adjusted net loss of less than $100,000, compared to an adjusted net loss of $15 million year-over-year (YOY). Earnings per share of 0 cts/share were above analyst estimates of a loss of 31 cts/share, according to Thomson Reuters (New York). Revenue of $490 million was down 7% YOY. "Despite essentially flat selling prices in the first half, our second quarter performance was particularly strong as sales volumes increased across multiple products and geographic regions,” says chairman...
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