REX American Resources' Board of Directors has approved a 1-for-3 stock split. REX shareholders will receive two additional shares for each of their securities on August 5, 2022. Securities will start trading with the split on August 1.

REX American Resources's GAAP net income for 9M 2021 was $30.89 mln, compared to a loss of $0.133 mln in the previous year. Revenue increased 2.3 times to $562.786 million from $246.694 million a year earlier.

REX American Resources' GAAP net income for 6M 2021 amounted to $18.45 mln, compared to a loss of $10.463 mln in the previous year. Revenue increased 2.9 times to $359.947 million from $122.577 million a year earlier.

Net profit of REX American Resources under GAAP for 9 months of 2020 amounted to $0.596 million, which is 9 times lower compared to $5.395 million in the previous year. Revenue decreased 16.9% to $246.828 million, against $297.114 million a year earlier.