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Eastman records record sales and profits

 Last Update: 2022-03-05
 Source: Internet
 Author: User

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Sinochem News recently, Eastman released the fourth quarter and full year financial report of 2021
.

The report showed that the company's full-year sales revenue and adjusted earnings per share both set records

According to the financial report, in 2021, the company's specialty materials sales volume and product mix will increase by 8%, sales prices will increase by 7%, and sales revenue will increase by 15%
.

The increase in selling prices was mainly attributable to double-digit growth in specialty plastics prices driven by higher raw material, energy and distribution prices

Based on the excellent performance in 2021, Eastman expects further revenue growth in 2022, adjusted earnings per share of between $9.

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