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Trecora Resources reports record fourth-quarter sales, full-year sales up 23%

10:06 AM MST | March 6, 2015 | Michael Ravenscroft

Trecora Resources (Sugar Land, TX) has announced record fourth-quarter sales of $74.1 million in 2014, an increase of 11.2% year-on-year (YOY) and net income of $2.2 million in the reporting period. Gross profit for fourth-quarter 2014 was $12.3 million, compared with $9.8 million in the year-ago period, an increase of 25.5%. Gross profit margin for the quarter was 16.6%, compared with 14.7% in fourth-quarter 2013. Ebitda for fourth-quarter 2014 was $6.4 million, compared with $6.2 million in the corresponding quarter of 2013, or 3.2% YOY. Adjusted in the...

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