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Methanex third-quarter profit falls sharply

Wed Oct 24, 2007 9:57pm EDT

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NEW YORK, Oct 24 (Reuters) - Methanol producer Methanex Corp (MX.TO) reported sharply lower net income on Tuesday, hurt by lower production in Chile.

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Net income for the third quarter ended Sept. 30 was $23.6 million, or 24 cents per share, compared to $113.2 million, or $1.05 per share, a year ago. (Reporting by Martinne Geller) (Editing by Gary Hill; Reuters messaging: martinne.geller.reuters.com@reuters.net; martinne.geller@reuters.com; +1 646 223 6023))
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