Tronox: 4Q Earnings Snapshot

·1 min read

GRIMSBY, Britain (AP) _ Tronox Holdings plc (TROX) on Wednesday reported earnings of $45 million in its fourth quarter.

On a per-share basis, the Grimsby, Britain-based company said it had profit of 31 cents. Earnings, adjusted for non-recurring gains, were 19 cents per share.

The producer of titanium ore and titanium dioxide posted revenue of $783 million in the period.

For the year, the company reported net income of $969 million, or $6.69 per share, swinging to a profit in the period. Revenue was reported as $2.76 billion.

Tronox shares have climbed 29% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $18.80, doubling in the last 12 months.


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