Chemical and seed producer DuPont reported a quarterly profit, compared with a loss a year earlier when the company booked charges of $770 million.
Continue Reading Below
Net income attributable to the company was $265 million, or 30 cents per share, in the fourth quarter ended Dec. 31, compared with a loss of $253 million, or 29 cents per share, a year earlier.
Net sales fell 1.7 percent to $5.21 billion.
DuPont said it now expected its merger with Dow Chemical Co
The companies have been in talks with EU antitrust regulators to save their $130 billion merger, which is also being closely scrutinized by governments around the world.
(Reporting by Arathy S Nair in Bengaluru; Editing by Anil D'Silva)