ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Argan Inc. (AGX) on Thursday reported fiscal fourth-quarter profit of $31.4 million.
The Rockville, Maryland-based company said it had net income of $2.22 per share.
The builder of energy plants posted revenue of $232.5 million in the period.
For the year, the company reported profit of $85.5 million, or $6.15 per share. Revenue was reported as $874.2 million.
Argan shares have decreased 16% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $115.23, more than doubling in the last 12 months.
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