TX Rail Products posts Q1 net income of USD 0.6 million, up nearly triple year-on-year
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TX Rail Products Inc. reported Q1 fiscal 2026 earnings with a net income of USD 0.6 million, nearly triple year-on-year. Revenue reached USD 3.6 million, a 72% increase, while gross profit rose by 99.7%. Operating income also increased significantly. The company supplies rail products to the U.S. coal mining industry, short line railroads, and tunneling contractors.
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