NACCO Industries, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
March 06, 2024 at 04:48 pm EST
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NACCO Industries, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 214.79 million compared to USD 241.72 million a year ago. Net loss was USD 39.59 million compared to net income of USD 74.16 million a year ago.
Basic loss per share from continuing operations was USD 5.29 compared to basic earnings per share from continuing operations of USD 10.14 a year ago. Diluted loss per share from continuing operations was USD 5.29 compared to diluted earnings per share from continuing operations of USD 10.06 a year ago.
NACCO Industries, Inc. is a holding company. It brings natural resources to life by delivering aggregates, minerals, reliable fuels and environmental solutions through its robust portfolio of NACCO Natural Resources businesses. The Companyâs segments include Coal Mining, North American Mining (NAMining) and Minerals Management. The Coal Mining segment operates surface coal mines for power generation companies. The NAMining segment is a mining partner for producers of aggregates, activated carbon, lithium and other industrial minerals. The Minerals Management segment, which includes the Catapult Mineral Partners (Catapult) business, acquires and promotes the development of mineral interests. Mitigation Resources of North America (Mitigation Resources) provides stream and wetland mitigation solutions. NAMining provides contract mining services for independently owned mines and quarries, creating value for its customers by performing the mining aspects of its customersâ operations.
NACCO INDUSTRIES, INC. 
