Credit: REUTERS/© Rebecca Cook / ReutersOct 24 (Reuters) - Dow Inc DOW.N reported a 32% fall in quarterly adjusted operating profit on Thursday, as margins were squeezed by a rise in inventories of chemicals used in making plastics and weak demand.
The company's net income available to shareholders fell to $333 million, or 45 cents per share, in the three months ended Sept. 30 from $1.01 billion, or $1.36 per share, a year earlier.
Excluding items, Dow posted operating earning of 91 cents per share.
(Reporting by Arathy S Nair in Bengaluru; Editing by Anil D'Silva)
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