In the fourth quarter of last year, the United States PPG Industry Corporation's profits increased by 44% year-on-year to US$205 million, and earnings per share reached US$1.24; sales revenue increased by 8% year-on-year to US$3.4 billion. PPG Industries stated that the higher selling prices and sales volume of most of its business products in the fourth quarter offset the impact of rising raw material costs.
In the fourth quarter of last year, the operating profit of the company's performance coatings business increased by 14% year-on-year to US$170 million, and sales revenue increased by 7% year-on-year to US$1.1 billion; operating profits and sales revenue of aviation, protective and marine coatings businesses doubled The growth of the number; and the automotive polishing coating business also showed a substantial increase; but the construction coatings business in the Americas and the Asia-Pacific region performed poorly, with the same period last year.
In the fourth quarter of last year, the operating profit of the company's performance coatings business increased by 14% year-on-year to US$170 million, and sales revenue increased by 7% year-on-year to US$1.1 billion; operating profits and sales revenue of aviation, protective and marine coatings businesses doubled The growth of the number; and the automotive polishing coating business also showed a substantial increase; but the construction coatings business in the Americas and the Asia-Pacific region performed poorly, with the same period last year.