Chemical Week Magazine :: Newsbriefs
Stoltâ€™s profits dip
7:11 AM MST | February 15, 2013
Stolt-Nielsen posted unaudited results for its fiscal fourth quarter, ended 30 November 2012, showing net profit attributable to shareholders of $18.2 million, down from $22.2 million, and revenues of $510.9 million, down from $512.9 million one year earlier. Net earnings more than doubled from the previous quarter but sales slipped 1%. â€śExcluding one-time gains and charges, Stolt-Nielsenâ€™s fourth-quarter results were up slightly, compared with the third quarter,â€ť says Niels Stolt-Nielsen, CEO of...
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