The Houston-based chemical and materials manufacturer said it made $16.2 million during the first quarter, up 7 percent from $15.1 million during the same period last year.
"As we look at the full year of 2022, we are excited about the strong underlying fundamentals of the Partnership and continuing to deliver a premium value and predictable cash flows to our unitholders,” said Albert Chao, the company’s president and chief executive.Westlake Chemical Partners said Tuesday its earnings jumped in the first three months of the year as demand for its products increased.
Its revenues jumped 32 percent to $290.7 million from $219.8 million a year ago."As we look at the full year of 2022, we are excited about the strong underlying fundamentals of the Partnership and continuing to deliver a premium value and predictable cash flows to our unitholders,” said Albert Chao, the company’s president and chief executive.
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