July 25, 2019 / 10:08 AM / 23 days ago

Dow profit falls 39% on lower prices, volumes

July 25 (Reuters) - U.S. chemical company Dow Inc on Thursday posted a 39% fall in adjusted quarterly profit, driven by price declines for some of its products and lower volumes.

Net operating profit, which excludes certain items, fell to $649 million, or 86 cents per share, in the second quarter ended June 30, from $1.06 billion, or $1.41 per share, a year earlier.

Net sales fell to $11.01 billion from $12.85 billion, a year earlier.

Reporting by Nishara Karuvalli Pathikkal in Bangalore; Editing by James Emmanuel

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