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Article: LYONDELL PETROCHEMICAL COMPANY REPORTS RESULTS FOR THIRD QUARTER, FIRST NINE MONTHS OF 1992
- Article from:
- PR Newswire
- Article date:
- October 26, 1992
CopyrightCOPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LYONDELL PETROCHEMICAL COMPANY REPORTS RESULTS FOR THIRD QUARTER,
FIRST NINE MONTHS OF 1992
HOUSTON, Oct. 26 /PRNewswire/ -- Lyondell Petrochemical Company (NYSE: LYO) today reported net income of $12 million, or $.15 per share, for the third quarter of 1992. This compares to net income of $10 million, or $.13 per share, for the second quarter of 1992 and net income of $33 million, or $.41 per share, in the third quarter of 1991.
Bob G. Gower, president and chief executive officer of Lyondell Petrochemical Company, said, "Results in the third quarter continued to be impacted by poor industry-wide refining profitability. However, we were pleased ...