Huntsman Corp. (HUN) reported that its fourth quarter net loss attributable to the company widened to $141 million or $0.82 per share from $71 million or $0.41 per share in the prior year.
Adjusted loss per share also widened to $0.25 from $0.21 last year.
Peter R. Huntsman, Chairman, President, and CEO, said, "....We do not intend to sit idly by, waiting for markets to improve, and will remain aggressive in costs which will include announced workforce reductions in our Polyurethanes segment. Additionally, we will start assessing strategic options for our European maleic anhydride business as well as closing downstream Polyurethanes facilities.."
Revenues for the fourth quarter was $1.452 billion up from $1.403 billion in the previous year.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.