The Journal Record, March 18th, 1995
TULSA _ A net loss from continuing operations of $314,456, or 2 cents per share, was reported Friday for the second fiscal quarter ended Jan. 31 by LaTex Resources Inc.
The Tulsa firm had reported a profit of $99,035, or no cents per share, for the same period of fiscal 1994.
Revenues from continuing operations dropped 28 percent to $2.1 million from $2.9 million.
Financial results for the first half of fiscal 1995 were not available.
LaTex attributed the lower revenues and earnings to continued weakness in crude oil and natural gas prices.
"Continued weakness in product prices particular...
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