Huntsman's second-quarter net income fell 62% year-on-year, the lower the charge is higher, the paint department at a lower price.
The three months ending June 30, chemical company earned $4.7 billion, or 1 9 cents a share. This $124 million, or 52 cents per share, and comparing the same period last year.
Excluding restructuring charges and other projects, the profit of 39 cents per share, this is in line with the Wall Street forecasts.
Restructuring and impairment and factory closures and transfer cost from a year earlier to $7 million from $25 million.
Revenue fell 3% to $2.83 billion from $2.91 billion, from paint, polyurethane (pu) and the department of advanced materials in the lower income.
Wall Street called for $2.84 billion in revenue.
Paint piece price decline is mainly due to high inventory levels. The paint department's average selling price has fallen by 25%, in local currency terms. Advanced materials division processing sales.
Huntsman, a company's shares closed at $18.13 on Tuesday.



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