REX reports record Q2 results, cites strong cash for growth
REX said Q2 net income per share and revenue growth were driven by improved pricing, tax credits and disciplined operations. It also pointed to ethanol expansion and carbon capture project progress, with profitability and robust cash reserves expected.
Record Q2 net income per share and strong revenue growth were driven by improved pricing, tax credits, and disciplined operations.
Major progress was made on ethanol expansion and carbon capture projects, with continued profitability and robust cash reserves expected.Based on REX American Resources…