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Article: DOW CHEMICAL EARNINGS, EXCLUDING DOW CORNING CHARGE AND GAIN ON PHARMACEUTICAL SALE, TRIPLED TO $2.46
- Article from:
- PR Newswire
- Article date:
- July 27, 1995
CopyrightCOPYRIGHT 1995 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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MIDLAND, Mich., July 27 /PRNewswire/ -- The following was released by Dow Chemical Company (NYSE: DOW):
Second Quarter of 1995 Highlights
% Sales were up 34 percent to $5.5 billion.
% Operating income increased by $749 million to $1.2 billion.
% Earnings more than tripled to $2.46 per share, excluding a
Dow Corning related charge of $1.24, and a gain of 62 cents
on the divestment of the pharmaceutical business.