Monday, May 04, 2009

Dow posts profits of US$24 mln in Q1-09

In a surprise announcement, Dow Chemical Co. has posted a profit of US$24 mln in Q1-09, as compared to the loss of US$1.52 bln in Q4-08. The recovery was aided by gains in its agricultural segment, loower raw materials costs and rapid actions to reduce costs and tightly manage operations.

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