Dow Corning third-quarter profit rises

viernes 26 de octubre de 2007 14:48 CEST

Oct 26 (Reuters) - Dow Corning Corp, jointly owned by Dow Chemical Co (DOW.N: Cotización) and Corning Inc (GLW.N: Cotización), reported higher third-quarter net income, helped by double-digit sales growth across all major geographic regions.

For the latest third quarter, the company earned $162.7 million, a 4 percent rise from $156.0 million reported in the same period last year.

Sales rose 9 percent to $1.24 billion, it said. (Reporting by Aniruddha Basu in Bangalore)