DuPont 2Q profit falls 15.5%

Industries Reuters

(Reuters)

Chemicals and seeds company DuPont, which is merging with Dow Chemical, reported a 15.5 percent fall in quarterly profit on higher costs.

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Net income attributable to DuPont fell to $862 million, or 99 cents per share, in the second quarter ended June 30, from $1.02 billion or $1.16 per share, a year earlier.

Revenue rose to $7.42 billion from $7.06 billion.

 

(Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Arun Koyyur)