Methanex: 2Q Earnings Snapshot
Methanex: 2Q Earnings Snapshot
In this article:
VANCOUVER, British Columbia (AP) _ Methanex Corp. (MEOH) on Wednesday reported second-quarter net income of $111.4 million.
On a per-share basis, the Vancouver, British Columbia-based company said it had profit of $1.36. Earnings, adjusted for non-recurring costs, came to $1.75 per share.
The methanol supplier posted revenue of $949.9 million in the period.
Methanex shares have risen 16 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $70.05, a rise of 50 percent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MEOH at https://www.zacks.com/ap/MEOH
