NEWS
Thu Feb 27, 2014 02:36 PM CST

NEW YORK (DTN) -- Pacific Ethanol Inc. late Wednesday reported gross profit of $21.6 million for the fourth quarter of 2013 compared to a gross loss of $4.7 million in the fourth quarter of 2012. The improvement in gross profit was driven by significantly improved production margins and an increase in production gallons sold, the company said in a news release.

Net sales were $215.3 million for the last three months of last year, compared to $197.0 million for the fourth quarter of 2012. The increase in net sales was attributable to an increase in production gallons sold, slightly offset ...

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