REX American Resources Reports Full Fiscal Year 2024 Net Income Per Share Attributable to REX Common Shareholders of $3.30

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[{"type":"text","content":"Board of Directors Authorized Additional 1.5 Million Share Buyback Program","length":74,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Generated $0.63 and $3.30 of net income per share in Q4 and Full Fiscal Year ‘24, respectively","length":94,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Reported gross profit of $17.6 million and $91.5 million for Q4 and Full Fiscal Year ‘24, respectively","length":102,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Reported net sales and revenue of $158.2 million and $642.5 million for Q4 and Full Fiscal Year ’24, respectively","length":113,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Reported consolidated ethanol sales volumes of 74.6 million gallons and 289.7 million gallons for Q4 and Full Fiscal Year ’24, respectively","length":139,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":448,"olType":false},{"type":"text","content":"DAYTON, Ohio, March 26, 2025--(BUSINESS WIRE)--REX American Resources Corporation ("REX" or the "Company") (NYSE: REX), a leading ethanol production company, today announced financial and operational results for the Company’s full year and fiscal fourth quarter 2024.","length":287,"tagName":"p"},{"type":"text","content":"REX American Resources’ Q4 and full fiscal year 2024 results principally reflect its interests in six ethanol production facilities. The One Earth Energy, LLC ("One Earth") and NuGen Energy, LLC ("NuGen") ethanol production facilities are consolidated, while the four other ethanol plants are reported as equity in income of unconsolidated ethanol affiliates.","length":379,"tagName":"p"},{"type":"text","content":"Full Fiscal Year 2024 Results","length":29,"tagName":"p"},{"type":"text","content":"For the full fiscal year 2024, REX reported net sales and revenue of $642.5 million, compared with $833.4 million for full fiscal year 2023. The year-over-year net sales and revenue decrease primarily reflects reduced pricing for ethanol and co-products. Full fiscal year 2024 gross profit for the Company was $91.5 million, compared with $98.2 million in full fiscal year 2023, reflecting the lower selling prices, partially offset by decreased corn and natural gas prices and increased ethanol production levels....

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