Rockwood’s profits leap on one-off gain from ceramics sale
Published: Tuesday, 12 November 2013
Chemical producer beats analyst estimates with “outstanding” lithium performance
US-headquartered speciality chemical producer Rockwood Holdings Inc.
has reported net income of $1.112bn, or $14.65/share, up from
$59.6m, or $0.75/share, for the third quarter of 2013.
The surge in earnings was principally due to a $1.064bn gain
the company made on the sale of...