Dupont profit rises 2.4% as stronger demand offsets higher costs
FILE PHOTO: A logo is pictured outside of Dupont offices in Geneva, Switzerland, April 15, 2021. REUTERS/Denis Balibouse
(Reuters) - Industrial materials maker Dupont on Tuesday reported a 2.4% rise in second-quarter profit from the previous three months, as a jump in demand from chipmakers and automakers offset rising raw material and logistics costs.
Adjusted net income rose to $563 million, or $1.06 per share, in the three months ended June 30, from $550 million, or 91 cents per share, in the first quarter.
(Reporting by Arathy S Nair in Bengaluru; Editing by Aditya Soni)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- DuPont, Chemours and Corteva settle North Carolina PFAS claims for $455M
- Micron offers Taiwan workers up to 68-month bonuses as strike threat looms
- JPMorgan names KLA top chip-equipment pick, lifts WFE forecasts
Create E-mail Alert Related Categories
Earnings, General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share