Detrex Corporation Reports Profit for the Second Quarter of 2008 (Business Wire)

Thursday July 24, 9:05 am ET SOUTHFIELD, Mich.--(BUSINESS WIRE)--Detrex Corporation (Pink Sheets:DTRX - News ), a diversified manufacturer of PVC and CPVC pipe, duct and shapes and specialty chemicals including lubricant additives and high purity hydrochloric acid, today announced second quarter pre-tax income from continuing operations of $1,034,416 compared to pre-tax income from continuing operations of $837,370 in the same period last year. On a year-to-date basis, pre-tax income from continuing operations was $1,948,832 compared to $1,820,086 for the first six months of the prior year. Net income for the second quarter of 2008 was $568,930, or $0.35 per fully diluted share, compared to net income of $460,553, or $0.28 per fully diluted share, in the second quarter of last year. Year-to-date net income was $1,071,857, or... [read full story]