Quarterly Income Up 61% for Huntway Refining
Huntway Refining Co. of Newhall reported net income of $3.33 million for the third quarter that ended Sept. 30, up 61% from $2.07 million for the same period last year. Revenue rose 62% to $67.2 million from $41.5 million.
Huntway owns and operates two refineries in Wilmington and Benicia that primarily process domestic crude oil to produce asphalt.