US Stepan Q3 income down 18%, surfactants struggle in LatAm, Europe

摘要

LONDON (ICIS)--Stepans third-quarter net income drecreased by 18% year on year to $20.4m, while sale sales stood largely flat at $445m as struggling surfactants sales in Europe and Latin America could not offset higher polymers sales, the US producer said on Tuesday. In line with the fall in net income, diluted earnings per share (EPS) stood at 0.89%, compared to $1.19 in the third quarter of 2015.