NYSE:SQMChemicals
Does SQM’s Sharp Drop in Quarterly Profits Signal a Shifting Growth Strategy?
On August 19, 2025, Sociedad Química y Minera de Chile S.A. reported that its second quarter sales and net income had declined meaningfully compared to the previous year, with net income dropping to US$88.4 million from US$213.6 million and revenue falling to US$1,042.7 million from US$1,293.6 million.
An interesting aspect is that, despite the year-over-year declines in profitability for the quarter, the company turned a net profit for the first half of 2025 compared to a large net loss in...