Texas Industries fourth-quarter net profit declines, sales rise

Texas Industries fourth-quarter net profit declines, sales rise
Published: 11 July 2013


Texas Industries Inc  reported that its fourth-quarter net income declined to US$44.14m as the prior-year results included a higher gain from asset sales. However, the company benefitted from continuing recovery in major markets and from the commissioning of new cement capacity and ready-mix acquisitions in Texas.

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