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Methanex: 4Q Earnings Snapshot

VANCOUVER, British Columbia (AP) _ Methanex Corp. (MEOH) on Wednesday reported fourth-quarter net income of $9 million.

On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 12 cents. Earnings, adjusted for non-recurring costs, were 13 cents per share.

The methanol supplier posted revenue of $658.7 million in the period.

For the year, the company reported profit of $87.8 million, or $1.01 per share. Revenue was reported as $2.78 billion.

Methanex shares have declined 4% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $37.03, a decrease of 35% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MEOH at https://www.zacks.com/ap/MEOH