Chile's SQM has reported Q1 earnings of $113.8m, a 10% increase on the $103.2m recorded for the same period last year as lithium prices continued to exceed expectations amid record demand, the company said. The company's shares rose by more than 4% in early trading after it announced its first-quarter results.
Chile's SQM has reported Q1 earnings of $113.8m, a 10% increase on the $103.2m recorded for the same period last year as lithium prices continued to exceed expectations amid record demand, the company said. Q1 revenues were almost unchanged at $518.7m compared to $518.6m in Q1 2017, SQM said.