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SQM Solutions for human progress For Immediate Release SQM REPORTS EARNINGS FOR THE SECOND QUARTER OF 2021 Highlights • SQM reported net income ( 1 ) for the six months ended June 30 , 2021 of US $ 157.8 million . Earnings per share totaled US $ 0.55 ( 2 ) for the first half of 2021 , higher than the US $ 0.362 ) reported for the first half of 2020 . Revenues for the first half of 2021 were US $ 1,116.5 million . Published our audited Annual Sustainability Report . SQM will hold a conference call to discuss these results on Thursday , August 19 , at 12:00 pm ET ( 12:00 pm Chile time ) . Participant Dial - In ( Toll Free ) : Participant International Dial - In : Webcast : 1-855-238-1018 1-412-542-4107 https://services.choruscall.com/links/sqm210819.html Santiago , Chile . August 18 , 2021.- Sociedad Química y Minera de Chile S.A. ( SQM ) ( NYSE : SQM ; Santiago Stock Exchange : SQM - B , SQM - A ) today reported earnings for the six months ended June 30 , 2021 of US $ 157.8 million ( US $ 0.55 ( 2 ) per share ) , a 64.7 % increase from US $ 95.8 million ( US $ 0.36 ( 2 ) per share ) reported for the six months ended June 30 , 2020 . Gross profit reached US $ 322.5 million ( 28.9 % of revenues ) for the six months ended June 30 , 2021 , 36.9 % higher than US $ 235.6 million ( 27.7 % of revenues ) recorded for the six months ended June 30 , 2020. Revenues totaled US $ 1,116.5 million for the six months ended June 30 , 2021 , representing an increase of 31.3 % compared to US $ 850.5 million reported for the six months ended June 30 , 2020 . The Company also announced earnings for the second quarter of 2021 of US $ 89.8 million ( US $ 0.312 ) per share ) , an increase of approximately 76.7 % compared to US $ 50.8 million ( US $ 0.19 ( 2 ) per share ) for the second quarter of 2020. Gross profit for the second quarter of 2021 reached US $ 185.9 million , 45.4 % higher than the US $ 127.8 million recorded for the second quarter 2020. Revenues totaled US $ 588.0 million for the second quarter 2021 , an increase of approximately 28.3 % compared to US $ 458.5 million for the second quarter of 2020 . SQM's Chief Executive Officer , Ricardo Ramos , stated : " Our earnings during the second quarter 2021 were over 76 % higher than earnings reported during the same period last year . This was a result of significantly higher sales volumes across almost all of our business lines . Our strong results were particularly led by lithium and iodine sales volumes , which increased over 90 % and almost 40 % , respectively . At the same time , our average prices in the fertilizer markets increased approximately 6 % in the SPN business line and over 7 % in the potassium chloride and sulfate business line when compared to the first quarter of 2021 ; we expect prices in these business lines to continue increasing during the second half of the year . Our average lithium prices during the second quarter of 2021 were almost 20 % higher compared El Trovador 4285 Las Condes , Santiago , Chile 75500 sqm.com 1