. 2012 /PRNewswire/ -- Sociedad Quimica y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) reported today
for the first half of 2012
per ADR), an increase of 40.5% with respect to the same period of 2011, when earnings totaled
(43.9% of revenues), 33.9% higher than the
(38.5% of revenues) recorded during the first half of 2011.
for the first six months, representing an increase of 17.6% over the
reported in the same period of 2011.
The Company also announced a year-over-year earnings increase of 45.4% for the second quarter of 2012,
reporting quarterly net income
per ADR) compared to the 2011 figure of
for the second quarter reached
41.1% higher than the
recorded for the same period of 2011.
, an increase of approximately 23.9% with respect to the second quarter of 2011, when revenues amounted to
SQM is an integrated producer and distributor of specialty plant nutrient, iodine, lithium, potassium-related fertilizers and industrial chemicals. Its products are based on the development of high quality natural resources that allow the Company to be a leader in costs, supported by a specialized international network with sales in over 100 countries. SQM's development strategy aims to maintain and strengthen the Company's position in each of its businesses.