Resumen de SQM 2012 profit up 18.9% as demand rises in key businesses
Chilean lithium, iodine and fertiliser producer Sociedad Quimica y Minera (SQM) has reported a near-19% increase in income to $649.2m after tax for fiscal 2012 as revenues rose on the back of strong demand for lithium and higher prices for iodine products.
Sales volumes for SQM's lithium and derivatives segment increased 12% year-on-year (y-o-y) in 2012, from 40,700 tonnes to 45,700 tonnes, accompanied by a 21% gain in revenues from $183.4m to $222.2m.
SQM's speciality plant nutrition segment saw a decrease in revenues from $721.7m last year to $675.3m in 2012, with fourth quarter revenues also dropping from $174.6m to $159.5m in 2011
