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| Name | Symbol | Market | Type |
|---|---|---|---|
| BASF SE (QX) | USOTC:BASFY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.20 | 1.53% | 13.25 | 13.19 | 13.35 | 13.26 | 13.1704 | 13.18 | 143,145 | 21:30:14 |
From May 2019 to May 2024
By William Wilkes
FRANKFURT--BASF SE (BAS.XE) reported a fall in third-quarter profit due to smaller contributions from its oil and gas segment and reiterated its full-year outlook.
The German chemical company's net profit was 888 million euros ($968.26 million) in the three months ending Sept. 30, down 27% from EUR1.21 billion a year earlier. BASF had released preliminary results on Oct. 11.
Revenue declined 20% to EUR14.01 billion following the divestiture of BASF's natural gas trading and storage business to Russia's OAO Gazprom. Earnings before interest and taxes, EBIT decreased 22% to EUR1.46 billion.
It reiterated its guidance for the full year.
-Write to William Wilkes at william.wilkes@wsj.com
(END) Dow Jones Newswires
October 27, 2016 01:54 ET (05:54 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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