DuPont Revenue Rises On Demand For Plastics, Solar Panel Parts

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U.S. chemical maker DuPont’s (DD.N) third-quarter revenue rose 5 percent in part due to higher sales of solar panel parts and performance materials.

Revenue rose to $7.74 billion from $7.39 billion a year earlier.

Net income rose to $285 million from $5 million a year earlier, when the company recorded charges related to severance and restructuring.

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Profit was 30 cents on a per share basis for the latest reported quarter.

Performance materials business makes plastics used in array of industries including packaging, adhesives and sporting goods.

REUTERS

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