03 AUGUST 2011worldmarketmedia.com
TOR Minerals International (NASDAQ: TORM) Earnings Climb 76%
Edited by : AL CIRCLE
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TOR Minerals makes synthetic titanium dioxide and color pigments, specialty aluminas, and other high performance mineral fillers. Welding rod flux carpet and carpet backings, billiard balls, and poker chips are commonly manufactured with TOR Minerals products. It offers a series of heat stable colored titanium dioxide hybrid pigments used in various applications, such as engineered plastics, laminates, window profiles, plastic lumber, roofing granules, and ceramic coatings.
The company recently announced that sales totaled $10.5 million in the three months ending June ended June 30, 2011, when compared to the same three months of 2010. This was a 32% increase. Net income was $1.0 million, and earnings per share were $0.30, compared with $0.17 in the second quarter of 2010.
The company recently announced that sales totaled $10.5 million in the three months ending June ended June 30, 2011, when compared to the same three months of 2010. This was a 32% increase. Net income was $1.0 million, and earnings per share were $0.30, compared with $0.17 in the second quarter of 2010.
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