DuPont profit falls 57 pct after sale of performance coating unit

April 17 Thu Apr 17, 2014 6:14am EDT

April 17 (Reuters) - Chemicals maker DuPont reported a 57 percent fall in first-quarter net income due to the sale of its performance coating business, which added almost $2 billion to earnings in the year-earlier quarter.

Net income attributable to DuPont dropped to $1.44 billion, or $1.54 per share, in the quarter ended March 31, from $3.35 billion, or $3.58 per share, a year earlier.

Revenue fell nearly 3 percent to $10.13 billion. (Reporting by Swetha Gopinath in Bangalore)