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SQM Q2 Profit Declines 44.1%

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Chemical & Mining Co. of Chile (NYSE: SQM) reported a 44.1% drop in its second-quarter profit.

SQM's quarterly net profit declined to $107.4 million.

For this year, SQM also cut its planned capital expenditures to around $400 million, versus its earlier estimate of $500 million.

SQM shares closed at $25.34 yesterday.

Posted-In: profitEarnings News

 

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