VANCOUVER - Canadian methanol producer Methanex Corp. (TSX:MX) handily beat analyst estimates last quarter, as its profit rose 150 per cent from a year earlier amid stable demand and pricing for its products.The Vancouver-based company, which has operations around the world, had $ 63.9 million of net income in the fourth quarter of 2011, up from $ … [Read more...]
Methanex reports big boost in Q3 earnings
October 27, 2011 by
VANCOUVER - Methanex Corp. (TSX:MX) reports third-quarter net earnings attributable to shareholders of $ 62.3 million or 59 cents per diluted share, compared with net income of $ 28.7 million or 31 cents in the same 2010 period. Revenue rose to $ 669.7 million from $ 481 million. … [Read more...]
