Trecora posts 4th-quarter profit of $1.1 million

SUGAR LAND, Texas – SUGAR LAND, Texas (AP) _ Trecora Resources (TREC) on Thursday reported fourth-quarter earnings of $1.1 million.

The Sugar Land, Texas-based company said it had profit of 5 cents per share. Earnings, adjusted for non-recurring costs, were 13 cents per share.

The petrochemical company posted revenue of $60.5 million in the period.

For the year, the company reported profit of $18.6 million, or 74 cents per share. Revenue was reported as $242 million.

Trecora shares have declined 19 per cent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.99, a decline of 32 per cent in the last 12 months.


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Keywords: Trecora, Earnings Report