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Latest Detrex Cp (DTRX) Headlines Detrex repo

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Posted On: 03/09/2014 3:59:33 PM
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Latest Detrex Cp (DTRX) Headlines



Detrex reports reduced net income for FY 2013 year over year and Q1 dividend of USD0.25 per share

M2 - Mon Mar 03, 5:42AM CST

Detrex Corporation (OTCQXTRX), the holding company of a manufacturer of specialty chemicals, reported on Friday net income of USD2.6m or USD1.51 per fully diluted share, compared to the total net income of USD7.7m or USD4.49 per fully diluted share in 2012 that included the gain on the sale of Harvel Plastics Inc.



Detrex Corporation Announces Earnings for Full Year 2013 and Announces a First Quarter Dividend

Business Wire - Fri Feb 28, 9:22AM CST

Detrex Corporation (OTCQXTRX), today announced 2013 full year net income of $2.6 million, or $1.51 per fully diluted share, on sales of $41.0 million. In 2012 net sales were $43.4 million and the Company generated a net loss from continuing operations of $7 million inclusive of pre-tax environmental charges of $15.7 million. The total net income in 2012, including the gain on the sale of Harvel Plastics, Inc., was $7.7 million, or $4.49 per fully diluted share. The Company also announced that it will pay a $0.25 quarterly dividend on March 27, 2014 to shareholders of record as of March 13, 2014.



Detrex Corporation Reports Earnings for the Third Quarter of 2013 and Announces a 4th Quarter Dividend

Business Wire - Fri Nov 08, 9:42AM CST

Detrex Corporation (Pink Sheets: DTRX), today announced 2013 third quarter net income of $796,768, or $0.46 per fully diluted share, compared to net income of $363,235, or $0.21 per fully diluted share in the third quarter of 2012. Year-to-date 2013 net income was $2,749,920, or $1.59 per fully diluted share, compared to net income of $18,218,730, or $10.58 per fully diluted share for the year-to-date period in 2012. The 2012 net income includes net income from discontinued operations related to the sale of the Company's Harvel Plastics, Inc. subsidiary. The third quarter 2012 loss from discontinued operations was $85,191 and the year-to-date gain was $16,459,353. The Company also announced that it will pay a $0.25 quarterly dividend on December 12, 2013 to shareholders of record as of November 29, 2013.



Detrex Corporation Reports Earnings for the Second Quarter of 2013 and Announces a Third Quarter Dividend

Business Wire - Fri Aug 09, 8:48AM CDT

Detrex Corporation (Pink Sheets: DTRX), today announced 2013 second quarter net income from continuing operations of $914,499, or $0.53 per fully diluted share, compared to net income from continuing operations of $584,696, or $0.34 per fully diluted share, in the second quarter of 2012. Year-to-date 2013 net income from continuing operations and net income were $1,953,152, or $1.13 per fully diluted share. This compares to 2012 year-to-date net income from continuing operations of $1,310,951, or $0.76 per fully diluted share. During 2012 the Company sold its Harvel Plastics Inc. subsidiary which resulted in net income after discontinued operations of $17,855,495, or $10.38 per fully diluted share for the six months ended June 30, 2012, and net income after discontinued operations of $183,515, or $0.11 per fully diluted share for the second quarter 2012. The company also announced that it will pay a $0.25 quarterly dividend on September 3, 2013 to shareholders of record as of August 23, 2013.



Detrex signs contract to transfer environmental liabilities with ELT for USD13.7m

M2 - Wed Jun 19, 3:10AM CDT

A chemical company, Detrex Corporation (DTRX.PK) revealed on Tuesday that it signed a contract with Environmental Liability Transfer Inc (ELT) to transfer environmental liabilities and obligations related to 20 properties, for a payment of about USD13.7m.



Detrex Corporation Announces the Signing of an Environmental Liability Transfer Contract

Business Wire - Tue Jun 18, 2:26PM CDT

Detrex Corporation (DTRX.PK) announced that effective today it closed on a contract to transfer environmental liabilities and obligations associated with 20 properties to Environmental Liability Transfer, Inc. ("ELT") for a payment of approximately $13.7 million. The contract also transferred title to four properties owned by Detrex. In conjunction with the contract, the Company also purchased a pollution legal liability policy (PLL) which provides coverage for third party liability. This transaction is explained in greater detail under Note 15 - Subsequent Event contained in the Detrex 2012 Annual Report on page 28.



Detrex Corporation Reports Earnings for the First Quarter of 2013 and Announces a 2nd Quarter Dividend

Business Wire - Tue Apr 30, 8:18AM CDT

Detrex Corporation (Pink Sheets: DTRX), today announced 2013 first quarter net income from continuing operations of $1,038,653, or $0.60 per fully diluted share, compared to 2012 net income from continuing operations of $726,254, or $0.42 per fully diluted share. The 2012 net income of $17,671,979, or $10.34 per fully diluted share included income from discontinued operations of $16,945,725, or $9.92 per fully diluted share, from the gain on the sale of the Harvel Plastics, Inc. subsidiary. The Company also announced that it will pay a second quarter dividend of $0.25 per share on June 27, 2013 to shareholders of record on June 17, 2013.



Detrex Corporation Announces Earnings for Full Year 2012 and the Signing of a Non-binding Letter of Intent for an Environmental Liability Transfer

Business Wire - Thu Apr 25, 8:51AM CDT

Detrex Corporation (Pink Sheets: DTRX) , today announced 2012 full year net income of $7.7 million, or $4.49 per fully diluted share, compared to $4.3 million, or $2.53 per fully diluted share, in 2011. The Company also announced the signing of a non-binding letter of intent to enter into a transaction to transfer a significant portion of its environmental liabilities to a third party.



Detrex Corporation Board of Directors Authorizes a 1st Quarter Dividend

Business Wire - Tue Mar 05, 10:57AM CST

Detrex Corporation (Pink Sheets: DTRX) announced today that it will pay a $0.25 quarterly dividend on March 28, 2013 to shareholders of record as of March 15, 2013.



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