NL Industries posts 4Q profit

DALLAS (AP) _ NL Industries Inc. (NL) on Monday reported fourth-quarter earnings of $49.1 million.

On a per-share basis, the Dallas-based company said it had net income of $1. Earnings, adjusted for pretax gains, came to 23 cents per share.

The chemical and components holding company posted revenue of $25.1 million in the period.

For the year, the company reported profit of $116.1 million, or $2.38 per share. Revenue was reported as $112 million.

NL Industries shares have dropped 41 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $8.43, a rise of 44 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NL at https://www.zacks.com/ap/NL