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Related Keywords: BASF, chemicals, earning, Economy, export, material, pre tax, slowdown

Chemicals group BASF has reported revenues of €46.5 billion for the first nine months of 2019, a fall of 2% on the figure for the corresponding period last year. Its pre-tax earnings were down by substantially more, falling by 34% year on year to reach €3.7 billion.

The group said it had had a “significantly lower contribution” from its materials segment, which brought in revenues of €8.8 billion over the nine-month period, a decline of 15%.

Related Keywords: bedwear exports, cotton fabric, earning, import of synthetic fiber raised, knitwear exports, lower compared to previous fiscal, Pakistan Bureau of Statistics, Pakistan textile and garment exports, synthetic and artificial silk yarn, textile machinery import declinerd, value of textile and apparel exports, witnessed growth

Pakistan textile and garment exports earned has surpassed US$ 10billion mark in the first nine months of fiscal year 2014-15 that began on July 1, 2014. According to the data released by the Pakistan Bureau of Statistics, it has earned US$ 10.207 billion from textile exports. However, the value of textile and apparel exports during the nine-month period was 1.57 per cent lower compared to exports of $9.136 billion in the corresponding period of previous fiscal.