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For the three months ended 31 March 2022, Westlake Corp revenues increased 72% to $4.06B. Net income applicable to common stockholders increased from $241M to $752M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Corporate and Other segment loss decrease of 6% to $32M. Dividend per share increased from $0.27 to $0.30.
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Total Revenue | 4056 | 3507 | 3055 | 2859 |
Gross Profit | 1285 | 1096 | 1018 | 872 |
Operating Income | 1032 | 873 | 861 | 720 |
Net Income | 756 | 644 | 607 | 522 |
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Total Assets | 19741 | 18459 | 17108 | 14719 |
Total Liabilities | 11060 | 10504 | 9810 | 7948 |
Total Equity | 8681 | 7955 | 7298 | 6771 |
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | 700 | 2394 | 1637 | 882 |
Cash From Investing Activities | -1507 | -3213 | -842 | -264 |
Cash From Financing Activities | -47 | 1437 | 1487 | -72 |
Net Change in Cash | -857 | 604 | 2273 | 542 |
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