Rex American Resources 10-K: $650.5M Revenue, $2.50 EPS

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Rex American Resources reported fiscal-year net sales of $650.5 million, a 1% increase year-over-year, and basic net income per share of $2.50. The company’s profitability was supported by favorable crush spreads and 45Z tax credits, leading to a significant increase in net income attributable to shareholders. Rex American Resources is also planning substantial capital expenditure for expansion and carbon sequestration initiatives, with environmental permits still pending.

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