Dow profit more than doubles on higher prices

Jan 27 (Reuters) – Dow Inc’s fourth-quarter profit more than doubled on Thursday, helped by higher prices for its chemicals.

The company’s net operating income, which excludes certain items, rose to $1.6 billion, or $2.15 per share, in the three months ended Dec. 31, from $607 million, or 81 cents per share, a year earlier. (Reporting by Ruhi Soni in Bengaluru; Editing by Shounak Dasgupta)