Westlake Chemical Corporation Announces Fourth Quarter and Full Year 2016 Results
HOUSTON--(BUSINESS WIRE)--Feb. 21, 2017-- Westlake Chemical Corporation (NYSE: WLK) today reported net income of $98.9 million, or $0.76 per diluted share, on net sales of $1,735.2 million for the quarter ended December 31, 2016. This represents a decrease in net income of $12.1 million, or $0.08 per diluted share, compared to the quarter ended December 31, 2015 net income of $111.0 million, or $0.84 per diluted share, on net sales of $986.8 million. Net income for the fourth quarter of 2016 was impacted by: