Dow(US:DOW) Xin Lang Cai Jing·2025-10-28 10:38Core Insights - The company reported a net sales of $10 billion, a year-over-year decline of 8%, with all operating segments experiencing a decrease [1] - The company achieved a net income of $124 million, with operating EBITDA at $180 million, down $461 million year-over-year due to price and equity earnings decline, partially offset by cost-cutting measures [1][2] - The company provided a total return to shareholders of $249 million, indicating a focus on shareholder value [3] Financial Performance - Net sales decreased by 1% quarter-over-quarter, with growth in industrial intermediates and infrastructure operations not sufficient to offset declines in packaging, specialty plastics, functional materials, and coatings [1] - Volume decreased by 1% year-over-year, with growth in the U.S., Canada, and Asia-Pacific partially offsetting declines in Europe, the Middle East, Africa, and India [1] - The company reported a GAAP earnings per share of $0.08, with an operating loss per share of $0.19, compared to earnings of $0.47 per share in the same quarter last year [2] Cash Flow and Returns - Cash generated from operating activities was $1.1 billion, an increase of $330 million year-over-year, primarily due to improvements in working capital [2] - The company is expected to provide over $6.5 billion in short-term cash support through new polyethylene and alkoxylation facilities, while continuing to optimize its cost structure and manage its balance sheet and cash flow [3]