Huntsman CORP

For the period ended Mar 31, 2024. Filed May 3, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 3, 2024

HUN$9.50-0.4%Stored close · as of Nov 10, 2026

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Contents

Unaudited Condensed Consolidated Statements of Operations

(In Millions, Except Per Share Amounts)

	Three months
	ended
	March 31,
	2024	2023
Revenues:
Trade sales, services and fees, net	$1,436	$1,573
Related party sales	34	33
Total revenues	1,470	1,606
Cost of goods sold	1,269	1,337
Gross profit	201	269
Operating expenses:
Selling, general and administrative	176	188
Research and development	31	30
Restructuring, impairment and plant closing costs (credits)	11	(7)
Gain on acquisition of assets, net	(52)	—
Prepaid asset write-off	71	—
Other operating loss (income), net	2	(3)
Total operating expenses	239	208
Operating (loss) income	(38)	61
Interest expense, net	(19)	(18)
Equity in income of investment in unconsolidated affiliates	19	12
Other income, net	2	—
(Loss) income from continuing operations before income taxes	(36)	55
Income tax benefit (expense)	20	(11)
(Loss) income from continuing operations	(16)	44
(Loss) income from discontinued operations, net of tax	(7)	122
Net (loss) income	(23)	166
Net income attributable to noncontrolling interests	(14)	(13)
Net (loss) income attributable to Huntsman Corporation	$(37)	$153
Basic (loss) income per share:
(Loss) income from continuing operations attributable to Huntsman Corporation common stockholders	$(0.18)	$0.17
(Loss) income from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax	(0.04)	0.67
Net (loss) income attributable to Huntsman Corporation common stockholders	$(0.22)	$0.84
Weighted average shares	171.8	182.7
Diluted (loss) income per share:
(Loss) income from continuing operations attributable to Huntsman Corporation common stockholders	$(0.18)	$0.17
(Loss) income from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax	(0.04)	0.66
Net (loss) income attributable to Huntsman Corporation common stockholders	$(0.22)	$0.83
Weighted average shares	171.8	184.4
Amounts attributable to Huntsman Corporation:
(Loss) income from continuing operations	$(30)	$31
(Loss) income from discontinued operations, net of tax	(7)	122
Net (loss) income	$(37)	$153

ContentsView on SEC.gov

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