REX American Resources Corp. (REX) reported that its first-quarter profit from continuing operations attributable to shareholders increased to $3.3 million or $0.40 per share, from $0.8 million or $0.09 per share last year. Net income attributable to shareholders was $3.5 million or $0.43 per share, compared to $0.9 million or $0.11 per share prior year.
Net sales and revenue rose 18% to $178.7 million from $151.0 million last year.
REX CEO, Stuart Rose, said, "The combination of an improved industry environment, our interests in state-of-the-art ethanol plants, and our operating discipline at both the plant and corporate level resulted in a strong start to fiscal 2013."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.