Pacific Ethanol Sees $8.3M 2Q Net Loss on Corn Price Surge
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Submitted by DTN Ethanol Blog
| Pacific Ethanol announced Monday net sales of $113.8 million, up 74 percent for the same period a year ago. However, the West Coast-based marketer and producer of ethanol posted a net loss for the three months ended June 30 of $8.3 million compared to net income of $2.2 million for the same period in 2007.
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