Sociedad Química y Minera de Chile S.A. (SQM) reported net income for the third quarter of $131.4 million or $0.46 per share, a decrease of 72.6% compared to $479.4 million or $1.68 per share, prior year. Revenues were $1.08 billion, a decrease of 41.5% compared to a year ago.
CEO, Ricardo Ramos, said: "We are publishing our third quarter 2024 financial results with positive volume growth in almost all of our business lines compared to last year. Fertilizer markets have shown solid market dynamics with a market size recovery. Our Specialty Plant Nutrition volumes grew more than 20% year-on-year while our revenues in this business line increased close to 12%."
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.