Stepan reports 2Q and 1H earnings

摘要

Stepan Co reported net sales for 2Q 2010 of $366.5 M (+14% over $321.2 M in 2Q 2009) and for 1H 2010 of $703.5 M (+10%). Net income for 2Q 2010 was $17.05 M (-13%) and for 1H 2010 $37.7 M (+9%). Gross profit for 2Q 2010 declined 3% to $63.5 M. The company's net debt levels increased by $4.2 M for 2Q 2010 and by $26.3 M for 1H 2010.