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SQM reports Q4 and full year 2016 earnings

2017-03-03 09:58:47  【Print】
BEIJING (Asian Metal) 3 Mar 17 - Sociedad Química y Minera de Chile S.Asian Metal Copyright The 2016 results were affected by the write-off related to stopping the operations of the train, which had a one-time, before-tax effect of US$32.Asian Metal CopyrightA.Asian Metal Copyright Lithium and derivatives revenues increased 180.Asian Metal Copyright (SQM) reported Q4 and full year 2016 earnings on March 1, 2017.

Highlights of 2016 full year earnings:
  • Earnings for 2016 of US$278.Asian Metal Copyright2% compared to US$1,728.Asian Metal Copyright3 million (US$1.Asian Metal Copyright3 million reported for 2015.Asian Metal Copyright06 per ADR) was recorded, an increase from US$213.Asian Metal Copyright6 million US$0.Asian Metal Copyright2 million (US$0.Asian Metal Copyright Revenues from lithium and derivatives totaled US$514.Asian Metal Copyright81 per ADR) last year.Asian Metal Copyright Highlights of the fourth quarter earnings: The Company also reported net income of US$80.Asian Metal Copyright The 2016 results were affected by the write-off related to stopping the operations of the train, which had a one-time, before-tax effect of US$32.Asian Metal Copyright Revenues for Q4 of 2016 totaled US$553.Asian Metal Copyright8 million on net income. 
  • Gross profit reached US$611.Asian Metal Copyright2 million US$0.Asian Metal Copyright0 million (31.Asian Metal Copyright3 million reported for 2015.Asian Metal Copyright5% of revenues) this year, higher than US$542.Asian Metal Copyright Gross profit for the Lithium and Derivatives segment accounted for approximately 55% of SQM’s consolidated gross profit for 2016.Asian Metal Copyright7 million (31.Asian Metal Copyright Gross profit reached US$611.Asian Metal Copyright4% of revenues) recorded for 2015.Asian Metal Copyright8 million during the fourth quarter of 2016, compared to US$63.Asian Metal Copyright Gross profit for the Lithium and Derivatives segment accounted for approximately 55% of SQM’s consolidated gross profit for 2016.
  • Revenues totaled US$1,939.Asian Metal CopyrightBEIJING Asian Metal 3 Mar 17 - Sociedad Química y Minera de Chile S.Asian Metal Copyright3 million for 2016, representing an increase of 12.Asian Metal Copyright6 million US$0.Asian Metal Copyright2% compared to US$1,728.Asian Metal Copyright3 million US$1.Asian Metal Copyright3 million reported for 2015. 
  • Lithium sales volumes almost reached 50,000 MT for the year.Asian Metal Copyright7 million 31.Asian Metal Copyright Revenues from lithium and derivatives totaled US$514.Asian Metal Copyright6 million US$0.Asian Metal Copyright6 million during 2016, an increase of 130.Asian Metal Copyright The 2016 results were affected by the write-off related to stopping the operations of the train, which had a one-time, before-tax effect of US$32.Asian Metal Copyright8% compared to the US$223.Asian Metal Copyright0 million 31.Asian Metal Copyright0 million for 2015.
Highlights of the fourth quarter earnings:
  • The Company also reported net income of US$80.Asian Metal Copyright Highlights of the fourth quarter earnings: The Company also reported net income of US$80.Asian Metal Copyright9 million (US$0.Asian Metal Copyright3 million reported for 2015.Asian Metal Copyright31 per ADR) in Q4 of 2016, representing an increase compared to US$44.Asian Metal Copyright0 million in the fourth quarter of 2015.Asian Metal Copyright6 million (US$0.Asian Metal Copyright6% compared to the US$411.Asian Metal Copyright17 per ADR) for Q4 of 2015. 
  • Gross profit for Q4 of 2016 reached US$204.Asian Metal Copyright .Asian Metal Copyright8 million; higher than the US$118.Asian Metal Copyright2% compared to US$1,728.Asian Metal Copyright0 million recorded for the same period last year. 
  • Revenues for Q4 of 2016 totaled US$553.Asian Metal Copyright SQM reported Q4 and full year 2016 earnings on March 1, 2017.Asian Metal Copyright8 million, an increase of approximately 34.Asian Metal Copyright SQM reported Q4 and full year 2016 earnings on March 1, 2017.Asian Metal Copyright6% compared to the US$411.Asian Metal Copyright3 million for 2016, representing an increase of 12.Asian Metal Copyright3 million in Q4 of 2015. 
  • Lithium sales volumes in Q4 exceeded 14,000 MT, a record for the company.Asian Metal Copyright06 per ADR was recorded, an increase from US$213.Asian Metal Copyright Lithium and derivatives revenues increased 180.Asian Metal Copyright Revenues from lithium and derivatives totaled US$514.Asian Metal Copyright8% during the fourth quarter of 2016 compared to the fourth quarter of 2015.Asian Metal Copyright2 million US$0.Asian Metal Copyright Total revenues amounted to US$176.Asian Metal Copyright3 million reported for 2015.Asian Metal Copyright8 million during the fourth quarter of 2016, compared to US$63.Asian Metal Copyright3 million US$1.Asian Metal Copyright0 million in the fourth quarter of 2015.

.Asian Metal Copyright7 million 31.Asian Metal Copyright

NCM

523 China

Unit:RMB/kg
China's lithium carbonate 99.5%mi producers' number (ratio) MoM output increase statistics by province by month
Unit: %
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