Wacker Chemie Posts Drop In Q3 Profit
German chemical company Wacker Chemie AG (OTC: WKCMF) reported a 79% drop in its third-quarter after-tax profit.
Wacker Chemie's quarterly after-tax profit declined to EUR26.9 million, while sales declined 6.2% y/y to EUR1.2 billion.
Its earnings per share fell 80% to EUR0.50, missing analysts' estimates of EUR0.68.
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