OT-VSE VeraSun Energy Q2 revenues surge Wednesday 08/13/2008 5:03 AM ET - Datamonitor
Ethanol producer VeraSun Energy has announced that its revenues for the second quarter of 2008 increased 499% to $1.02 billion, compared to $170 million in the second quarter of 2007.
The increase in total revenues was primarily the result of a 420.6% increase in ethanol volume sold and an increase in average ethanol prices of $0.38 per gallon or 17.1%, compared to the second quarter of 2007.
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