Reuters: Global Markets: LyondellBasell quarterly profit fall 9 percent

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LyondellBasell quarterly profit fall 9 percent Apr 30th 2012, 11:34 Tweet Share this Email Print Related News International Paper CEO says feels good about 2012 Fri, Apr 27 2012 Dow Chemical profit beats Street, but sales miss Thu, Apr 26 2012 UPDATE 3-Celanese shares drop after profit miss on Europe Tue, Apr 24 2012 Analysis & Opinion Global cues likely to dominate market Related Topics Hot Stocks » Asian Markets » General view of the refinery of US chemicals group LyondellBasell in Berre, near Marseille, September 29, 2011. Credit: Reuters/Jean-Paul Pelissier Mon Apr 30, 2012 7:34am EDT (Reuters) - Chemical maker LyondellBasell Industries NV (LYB.N) posted a 9 percent drop in quarterly profit as high crude oil prices in Europe and Asia eroded margins. For the quarter that ended March 31, the company posted net income of $599 million, or $1.04 per share, compared with $660 million, or $1.15 per share, in the year-ago period. Revenue fell 3 percent to $11.88 billion. (Reporting By Ernest Scheyder; Editing by Maureen Bavdek) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints Comments (0) This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

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