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Dupont profit rises 2.4% as stronger demand offsets higher costs - Metro US

Dupont profit rises 2.4% as stronger demand offsets higher costs

FILE PHOTO: A logo is pictured outside of Dupont offices in Geneva

(Reuters) – Industrial materials maker Dupont on Tuesday reported a 2.4% rise in second-quarter profit from the previous three months, as a jump in demand from chipmakers and automakers offset rising raw material and logistics costs.

Adjusted net income rose to $563 million, or $1.06 per share, in the three months ended June 30, from $550 million, or 91 cents per share, in the first quarter.

(Reporting by Arathy S Nair in Bengaluru; Editing by Aditya Soni)

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