Solutia posts $11 million in first quarter earnings
ST. LOUIS-- Solutia Inc. reported first quarter 2002 net income of $11 million, or 10 cents per share, on net sales of $654 million.
Including net charges and gains, Solutia reported a net loss for the first quarter of 2002 of $153 million, or $1.46 per share, compared to net income of $22 million, or 21 cents per share, for the first quarter of 2001.