SQM 2Q income off 44 percent
Lower commodity prices had a major impact on Sociedad Quimica y Minera de Chile S.A. (SQM) with net income before minority interest falling 44 percent for the second quarter ending June 30, 2013 to $109 million on revenues of $566.5 million compared to the year-ago $193.9 million on revenues of $683.3 million. Six-month income was $261.6 million on revenues of $1.19 billion, down from $345.6 million and $1.21 billion, respectively.