RICHMOND, Va. (AP) _ NewMarket Corp. (NEU) on Wednesday reported second-quarter profit of $22.3 million.
On a per-share basis, the Richmond, Virginia-based company said it had profit of $2.05.
The holding company for manufacturers of petroleum additives and lubricants posted revenue of $410.9 million in the period.
NewMarket shares have decreased 14% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $417.04, a fall of roughly 2% in the last 12 months.