SQM Reports 2010 Earnings

Sociedad Quimica y Minera de Chile S.A. SQM reported today earnings for 2010 of US$382.1 million (US$1.45 per ADR), an increase of 13.0% with respect to 2009, when earnings totaled US$338.3 million (US$1.29 per ADR). Gross Margin reached US$626.0 million (34.2% of revenues), 18.1% higher than the US$530.2 million (36.9% of revenues) recorded during 2009. Revenues totaled US$1,830.4 million for 2010, representing an increase of 27.2% over the US$1,438.7 million reported in the same period of 2009.