Dow Corning's sales and profit in the third quarter of 2009
Dow Corning started the test and took a standard weight to hang it on the upper fixture connecting base. Corning recently announced that the adjusted comprehensive net income in the third quarter of 2009 was US $184.5 million, a year-on-year decrease of 27% compared with us $253.4 million in the third quarter of 2008. The adjusted net income in the first three quarters of 2009 was $366.7 million, down 39% from $601.5 million in the first three quarters of last year. The adjusted net income in 2009 does not include the company's restructuring expenses. The company adjusted the performance report of 2008 according to the write down loss of specific investments in the third quarter of last year. If all items are included, Dow Corning announced that its consolidated net income in the third quarter of 2009 was $184.3 million, that in the first three quarters of 2009 was $309.1 million, that in the third quarter of 2008 was $218million, and that in the first three quarters of 2008 was $566.1 million
Dow Corning sold us $1.41 billion in the third quarter of 2009, a decrease of 5% from US $1.49 billion in the third quarter of 2008. The sales volume in the first three quarters of 2009 was US $3.62 billion, which was 13% lower than the US $4.15 billion in the first three quarters of 2008 in terms of technology exchange, economic and trade cooperation and other activities in this professional field
"although the impact of the global economic recession still exists, Dow Corning increased by 12.7% this year (Q3 2013: 733million euros). Sales in the third quarter increased by nearly 20% compared with the second quarter. We are very encouraged," said naldsheets, executive vice president and chief financial officer of Dow Corning, "This improvement is particularly evident in our silicone products, which shows that our dual brand strategy has yielded fruitful results. Whether it is the special silicone materials sold through Dow Corning brand or the standard silicone products promoted through xiameter brand, the sales volume of both have increased."
"Dow Corning's polysilicon joint venture hemlocksemiconductor group still maintains a strong momentum of development. Previously, heguoliang said that the announced capacity expansion projects are also proceeding in an orderly manner as planned," sheets concluded
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