Sociedad Química y Minera de Chile S.A.

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833635105
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SQM

Sociedad Química y Minera de Chile S.A.
GICS: - · Sektor: Basic Materials · Sub-Sektor: Chemicals - Specialty
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Sociedad Química y Minera de Chile S.A.
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US8336351056
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Börsenhandel Warrants

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Mi., 21.08.2024       Sociedad Química
US8336351056

Highlights

 

•          SQM reported total revenues for the six months ended June 30, 2024 of US$2,378.1 million compared to total revenues of US$4,315.6 million for the same period last year. 

•          Net loss for the six months ended June 30, 2024 of (US$655.9) million or (US$2.30) per share, compared to net income of  US$1,330.1 million or US$4.66 per share for the same period last year.

•          Strong sales volumes growth in lithium, iodine and fertilizer businesses.

•          Record-high quarterly sales volumes in lithium and iodine businesses, surpassing 52,000 metric tons and 4,000 metric tons, respectively.

•          Signed definitive partnership agreement with Codelco to jointly develop and operate lithium assets in the Salar de Atacama until 2060.

•          Signed a long-term agreement with Hyundai Motors Co. Ltd. and Kia Corporation.

•          Launched SQM International Lithium to develop our lithium business outside of Chile.

SQM will hold a conference call to discuss these results on Wednesday, August 21, 2024 at 12:00pm ET (12:00pm Chile time).

Participant Dial-In (Toll Free): 1-844-282-4852

Participant International Dial-In: 1-412-317-5626

Webcast: https://event.choruscall.com/mediaframe/webcast.html?webcastid=FRfGBEBZ

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