Lyondell-Citgo Reports Fourth Quarter and Full-Year 2002 Results

new.stockwatch.com 2003-01-30 05:30 - News Release

HOUSTON, Jan. 30 /PRNewswire-FirstCall/ -- Lyondell Chemical Company today announced a net loss for the fourth quarter of $93 million, or $0.58 per share. This compares to a net loss of $53 million, or $0.46 per share, for the fourth quarter of 2001, and a net loss of $2 million, or $0.02 per share, for the third quarter 2002.

For the full year 2002, Lyondell had a net loss of $148 million, or $1.10 per share, compared to a net loss of $150 million, or $1.28 per share, for 2001.