Westlake Chemical profit rises about 40 percent
Wed Aug 3, 2005 06:20 AM ET
NEW YORK, Aug 3 (Reuters) - Westlake Chemical Corp. on Wednesday said quarterly profit rose about 40 percent as increased sales volumes and selling prices outpaced higher feedstock and energy costs.
Second-quarter net income was $48.5 million, or 74 cents a share, compared with $34.4 million, or 69 cents a diluted share, a year earlier.
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