ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Argan Inc. (AGX) on Thursday reported fiscal fourth-quarter net income of $12 million.
The Rockville, Maryland-based company said it had net income of 89 cents per share.
The builder of energy plants posted revenue of $164.6 million in the period.
For the year, the company reported profit of $32.4 million, or $2.39 per share. Revenue was reported as $573.3 million.
Argan shares have increased 5.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $49.35, a climb of 27% in the last 12 months.
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