DuPont de Nemours, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 02, 2022 at 06:00 am EDT
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DuPont de Nemours, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 3,322 million compared to USD 3,104 million a year ago. Net income was USD 787 million compared to USD 478 million a year ago. Basic earnings per share from continuing operations was USD 0.71. Diluted earnings per share from continuing operations was USD 0.71 compared to USD 0.73 a year ago. Basic earnings per share was USD 1.56. Diluted earnings per share was USD 1.55 compared to USD 0.9 a year ago.
For the six months, sales was USD 6,596 million compared to USD 6,121 million a year ago. Net income was USD 1,275 million compared to USD 5,872 million a year ago. Basic earnings per share from continuing operations was USD 1.12. Diluted earnings per share from continuing operations was USD 1.12. Basic earnings per share was USD 2.51. Diluted earnings per share was USD 2.5 compared to USD 10.33 a year ago.
DuPont de Nemours, Inc. specializes in the manufacture and marketing of specialty chemicals. The group provides copolymers, polyethylene, chloroform, fluorine, hydrofluoric acid, copper, hydroxylamine, precious metals, alumina hydroxide, ammonia, benzene, polyester fibers, propylene, wood pulp, acids, alcohols, chlorite, aldehydes, ethylene oxide, etc.
Net sales are distributed geographically as follows: the United States (32.4%), Asia/Pacific (43%), Europe/Middle East/Africa (18.3%), Latin America (4%) and Canada (2.3%).