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WESTLAKE CORP [WLK] reports annual net loss of $522.0 million

WESTLAKE CORP [WLK] reports annual net loss of $522.0 million

Company Reports Revenue of $12.5 billion

By USInMinutes
Published - Mar 07, 2024, 04:31 AM ET
Last Updated - Mar 07, 2024, 04:31 AM EST

WESTLAKE CORP [WLK] has reported a net loss of $522.0 million for year ended Dec 31, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $12.5 billion

Based in HOUSTON, Texas, WESTLAKE CORP operates in the MANUFACTURING sector.

In the 12 months ended December 31, 2023, Westlake Corporation reported net sales of $12.548 billion, a decrease from $15.794 billion in the same period in 2022 and an increase from $11.778 billion in 2021.

Cost of sales for the current period was $10.329 billion, compared to $11.721 billion in 2022 and $8.283 billion in 2021.

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