Loading...
Loading...

Chart Industries announces impressive Q1 2009 results

0

Chart Industries, Inc. has reported a positive set of results for the first quarter ended 31st March 2009, with a healthy rise in net income and investments increased too.

Net income for the first quarter totalled $19.5m, or $0.68 per diluted share, which compares favourably with Q1 2008 net income of $14.7m and represents a rise of around 33%.

Cash and short term investments increased to $177.2m, a development also cited by the company as a highlight of the first quarter.

Net sales for the first quarter of 2009 increased 6% to $180.2m, from $170.3m in the same period just a year ago, while gross profit for the first quarter of 2009 stood at $62.7m – versus $51.9m in the comparable quarter of 2008.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...