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Company earnings reports for Nov. 7

Tuesday, November 6, 2012

WN.com - Business News
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Company earnings reports for Nov. 7
Nov 7th 2012, 06:13

| email EARNINGS LSB INDUSTRIES INC. Growth in sales in LSB Industries Inc.'s chemical business helped nudge third-quarter profits higher, the Oklahoma City company said Tuesday. Net income rose to $6.7 million in the three months ending Sept. 30 from $6.3 million in the same period last year. Sales grew 3.2 percent to $182.4 million as a 7.2 percent boost in chemical business sales more than balanced a 5.3 percent decline in sales of LSB's climate control business. Mechanical problems at the company ammonia plant in Pryor limited production during the quarter, and is expected to continue to reduce production until early 2013. An explosion at a Kansas chemical plant has put that plant...

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