Texas Gulf Energy, Inc. (TXGE) Wednesday reported earnings of $1.1 million or $0.0004 per share for the fiscal year 2011, compared to a loss of $2.6 million or $0.09 per share last year. This swing in the profit reflects improved overall market for construction services.
Revenues for the period grew 29 percent to $30.9 million from $24 million last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.