HUNTINGTON — Construction company Energy Services of America says it turned profitable in the fiscal first quarter of 2010.
Energy Services says it earned $637,563, or 5 cents per share, in the period that ended Dec. 31. The company lost $2.2 million, or 18 cents per share, in the same period a year earlier.
Revenue dipped to $30 million, from $33.7 million a year earlier.
Huntington-based Energy Services says losses on two jobs by its ST Pipeline subsidiary were to blame for the bad start to fiscal 2009.
The company says it avoided those problems at the start of the current fiscal year.
Money
February 2, 2010
Energy Services of America reports profitable first quarter
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