BARNWELL INDUSTRIES INC [BRN] posts $6.17M profit as revenue rises 57.59% to $28.54M

BARNWELL INDUSTRIES INC [BRN] posted a profit of $6.17M, marking a fall of 14.31% for this year.

Revenue rose to $28.54M this year compared to $18.11M in the previous year.

The Hawaii(HI)-based company’s earnings per share came in at 0.57

According to the latest annual report the company has filed with the SEC, current earnings were $6.17M, down 14.31% from $7.20M.

The company’s net sales for the period were $28.54M, up 57.59%. Net sales in the previous year were $18.11M.