in this issue
People & Business :: Companies
KMG net income rises 17% on strong electronics
9:30 AM MST | December 7, 2012 | Lindsay Frost
KMG Chemicals (Houston), a specialty chemicals producer, reported a drop in sales and a slight increase in earnings for its fiscal first quarter, ended 31 October. The company says net income rose 17%, to $4.1 million. Earnings per share of 36 cts/share were up 16% from the first quarter 2012 and beat analyst estimates of 31 cts/share, according to Thomson Reuters (New York). Sales were down 8.7% year-on-year (YOY), to $65.3 million, because of reduced volumes in its wood treating chemicals business, the company says. The "results underscore the...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee