Basic Earnings Rebound on Margin and Volume Gains

摘要

Lyondell Chemical swung to profitability reporting fourth quarter net income of us 16 million,compared to a net loss of us77 million for the same 2003 period.Lyondell says its results include a us64-million noncash charge related to its acquisition of Millennium Chemicals,and other charges of us24 million.Earnings before one-time charges beat analyst expectations by about 25%,according to First Call (Boston).