November 17, 2017

News

Important Disclaimer Notice
Certain of the statements contained in these reports (other than financial statements and other statements of historical fact) are forward-looking statements. Words such as “expects” and “believes” and “anticipates” indicate the presence of forward-looking statements. There can be no assurance that future developments will be in accordance with management’s expectations or that the effect of future developments on us will be those anticipated by management.


August 18, 2017

LUFKIN, Texas, August 18, 2017 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the third fiscal quarter of fiscal 2017, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended June 30, 2017 was $17,789,044, a decrease of $2,996,081, or 14.4%, compared to $20,785,125 in the quarter ending June 30, 2016.  Net income was $163,749, an increase of $5,444, or 3.4%, compared to net income of $158,305 in the quarter ended June 30, 2016.  On a per share basis, fully diluted earnings for the quarter was 0.006 cents per share compared to earnings of 0.006 cents per share in 2016.

For the nine-month period ending June 30, 2017, revenues decreased by $4,353,209, or approximately 7.5%, from $57,988,723 to $53,635,514, compared to the corresponding nine-month period ended June 30, 2016.  Net income decreased by $100,891, or approximately 32.0%, from $314,946 to $214,055, compared to the nine-month period ended June 30, 2016.  On a per share basis, fully diluted earnings for the nine-month period was 0.010 cents per share compared to 0.012 cents per share in 2016.

Additional summarized financial information is available at the financial section of this website.


May 12, 2017

LUFKIN, Texas, May 12, 2017 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the second fiscal quarter of fiscal 2017, and is making available on its website certain financial information regarding the Company’s financial performance.  TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended March 31, 2017 was $18,026,213, an increase of $1,122,174, or 6.6%, compared to $16,904,039 in the quarter ending March 31, 2016.  Net income was $524,477, an increase of $931,719 compared to a net loss of $407,242 in the quarter ended March 31, 2016.  On a per share basis, fully diluted net income for the quarter was 1.9 cents per share compared to a net loss of 1.6 cents per share in 2016.

For the six-month period ending March 31, 2017, revenues decreased by $1,357,128, or approximately 3.6%, from $37,203,598 to $35,846,470, compared to the corresponding six-month period ended March 31, 2016.  Net income decreased by $106,335, or approximately 68%, from $156,641 to $50,306, compared to the six-month period ended March 31, 2016.  On a per share basis, fully diluted net income for the six-month period was 0.2 cents per share compared to 0.6 cents per share in 2016.

Additional summarized financial information is available at the financial section of this website.


February 23, 2017

LUFKIN, Texas, February 23, 2017 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the first fiscal quarter of fiscal 2017, and is making available on its website certain financial information regarding the Company’s financial performance.  TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended December 31, 2016 was $17,820,257, a decrease of $2,479,302, or 12%, compared to $20,299,559 in the quarter ending December 31, 2015.  The quarter resulted in a net loss of $474,171 compared to net income of $563,883 in the quarter ended December 31, 2015.  On a per share basis, the net loss for the quarter was 1.7 cents per share compared to net earnings of 2.2 cents per share in 2015.

Additional summarized financial information is available at the financial section of this website.


February 1, 2017

LUFKIN, Texas, February 1, 2017 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the fourth quarter and the fiscal year ended September 30, 2016, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

For the year ended September 30, 2016, revenue decreased by $7,941,180, or approximately 9.2%, from $86,737,278 to $78,796,098, compared to the corresponding twelve-month period ended September 30, 2015.  Gross profit decreased by $1,410,751, or approximately 8.0%, from $17,539,830 to $16,129,079.  Net income decreased by $1,542,037, or approximately 70%, from $2,203,445 to $661,408, compared to the twelve-month period ended September 30, 2015.  On a per share basis (fully diluted), net income for the year was 2.5 cents per share compared to 8.9 cents in 2015.

Revenue for the quarter ended September 30, 2016 was $20,807,375, a decrease of $419,544, or 2.0%, compared to $21,226,919 in the quarter ending September 30, 2015.  Gross profit decreased by $891,135, or approximately 1.8%, from $4,995,004 to $4,103,869.  Net income was $346,462, an increase of $174,163 compared to $172,299 for the quarter ended September 30, 2015.

Additional summarized financial information is available at the financial section of this website.


August 19, 2016

LUFKIN, Texas, August 19, 2016 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the third fiscal quarter of fiscal 2016, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended June 30, 2016 was $20,785,125, a decrease of $2,107,051, or 9.2%, compared to $22,892,176 in the quarter ending June 30, 2015.  Net income was $158,305, a decrease of $283,775, or 64.2%, compared to net income of $442,080 in the quarter ended June 30, 2015.  On a per share basis, fully diluted income for the quarter was 0.006 cents per share compared to income of 2.0 cents per share in 2015.

For the nine-month period ending June 30, 2016, revenue decreased by $7,521,636, or approximately 11.5%, from $65,510,359 to $57,988,723, compared to the corresponding nine-month period ended June 30, 2015.  Net income decreased by $1,716,200, or approximately 84.5%, from $2,031,146 to $314,946, compared to the nine-month period ended June 30, 2015.  On a per share basis, fully diluted earnings for the nine-month period was 0.012 cents per share compared to 9.0 cents per share in 2015.

Additional summarized financial information is available at the financial section of this website.


May 24, 2016

LUFKIN, Texas, May 24, 2016 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the second fiscal quarter of fiscal 2016, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended March 31, 2016 was $16,904,039, a decrease of $4,779,580, or 22%, compared to $21,683,619 in the quarter ending March 31, 2015.  The net loss was $407,242, a decrease of $1,115,403 compared to net income of $708,161 in the quarter ended March 31, 2015.  On a per share basis, the fully diluted net loss for the quarter was 1.6 cents per share compared to net income of 3.1 cents per share in 2015.

For the six-month period ending March 31, 2016, revenues decreased by $5,414,585, or approximately 13%, from $42,618,183 to $37,203,598, compared to the corresponding six-month period ended March 31, 2015.  Net income decreased by $1,432,425, or approximately 90%, from $1,589,066 to $156,641, compared to the six-month period ended March 31, 2015.  On a per share basis, fully diluted net income for the six-month period was 0.6 cents per share compared to 7.0 cents per share in 2015.

Additional summarized financial information is available at the financial section of this website.


March 11, 2016

LUFKIN, Texas, March 11, 2016 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the first fiscal quarter of fiscal 2016, and is making available on its website certain financial information regarding the Company’s financial performance.  TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended December 31, 2015 was $20,299,559, a decrease of $635,005, or 3%, compared to $20,934,564 in the quarter ending December 31, 2014.  Net income was $563,883, a decrease of $317,022, or 36%, compared to $880,905 in the quarter ended December 31, 2014.  On a per share basis, net income for the quarter was 2.2 cents per share compared to 3.9 cents per share in 2014.

Additional summarized financial information is available at the financial section of this website.


February 5, 2016

LUFKIN, Texas, February 5, 2016 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the fourth quarter and the fiscal year ended September 30, 2015, and is making available on its website certain financial information regarding the Company’s financial performance.  TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

For the year ended September 30, 2015, revenue increased by $8,323,946, or approximately 10.6%, from $78,413,332 to $86,737,278, compared to the corresponding twelve-month period ended September 30, 2014.  Gross profit increased by $2,770,444, or approximately 18.8%, from $14,769,386 to $17,539,830.  Net income decreased by $543,883, or approximately 19.8%, from $2,747,328 to $2,203,445, compared to the twelve-month period ended September 30, 2014.  On a per share basis, net income for the year was 8.9 cents per share compared to 12.1 cents per share in 2014.

Revenue for the quarter ended September 30, 2015 was $21,226,919, a decrease of $5,956,483, or 21.9%, compared to $27,183,402 in the quarter ending September 30, 2014.  Gross profit decreased by $742,322, or approximately 12.9%, from $5,737,326 to $4,995,004.  Net income was $172,299, a decrease of $830,232, compared to $1,002,531 in the quarter ended September 30, 2014

Additional summarized financial information is available at the financial section of this website.


August 28, 2015

LUFKIN, Texas, August 28, 2015 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the third quarter of fiscal 2015, and is making available on its website certain financial information regarding the Company’s financial performance.  TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended June 30, 2015 was $22,892,176, an increase of $1,883,952 or 9%, compared to $21,008,224 in the quarter ended June 30, 2014.  Gross profit increased by $80,128, from $3,901,741 to $3,981,869.  Net income was $442,080, a decrease of 55% compared to $993,206 in the quarter ended June 30, 2014.  On a per share basis, net income for the quarter was 2.0 cents per share.

For the nine-month period ending June 30, 2015, revenues increased by $14,280,429, or approximately 28%, from $51,229,930 to $65,510,359, compared to the corresponding nine-month period ended June 30, 2014.  Gross profit increased by $3,512,766, or approximately 39%, from $9,032,060 to $12,544,826.  Net income increased by $286,349, from $1,744,797 to $2,031,146, compared to the nine-month period ended June 30, 2014.  On a per share basis, net income for the nine-month period was 9.0 cents per share compared to 7.7 cents per share for the corresponding period in 2014.

Additional summarized financial information is available at the financial section of this website.


May 28, 2015

LUFKIN, Texas, May 28, 2015 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the second fiscal quarter of fiscal 2015, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment. The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended March 31, 2015 was $21,683,619, an increase of $5,906,308, or 37%, compared to $15,777,311 in the quarter ending March 31, 2014. Net income was $708,161, an increase of $299,061, or 73%, compared to $409,100 in the quarter ended March 31, 2014. On a per share basis, net income for the quarter was 3.1 cents per share compared to 1.8 cents per share in 2014.

For the six-month period ending March 31, 2015, revenues increased by $12,396,477, or approximately 41%, from $30,221,706 to $42,618,183, compared to the corresponding six-month period ended March 31, 2014. Net income increased by $837,475, or approximately 111%, from $751,591 to $1,589,066, compared to the six-month period ended March 31, 2014. On a per share basis, net income for the six-month period was 7.0 cents per share compared to 3.3 cents per share in 2014.

Additional summarized financial information is available at the financial section of this website.


March 4, 2015

LUFKIN, Texas, March 4, 2015 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the first fiscal quarter of fiscal 2015, and is making available on its website certain financial information regarding the Company’s financial performance.  TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended December 31, 2014 was $20,934,564, an increase of $6,490,169, or 45%, compared to $14,444,395 in the quarter ending December 31, 2013.  Net income was $880,905, an increase of $538,414, or 157%, compared to $342,491 in the quarter ended December 31, 2013.  On a per share basis, net income for the quarter was 3.9 cents per share compared to 1.5 cents per share in 2013.

Additional summarized financial information is available at the financial section of this website.


January 29, 2015

LUFKIN, Texas, January 29, 2015 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the fourth quarter and the fiscal year ended September 30, 2014, and is making available on its website certain financial information regarding the Company’s financial performance.  TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

For the year ended September 30, 2014, revenue increased by $739,991, or approximately 1.0%, from $77,673,341 to $78,413,332, compared to the corresponding twelve-month period ended September 30, 2013.  Gross profit increased by $1,691,126, or approximately 12.9%, from $13,078,260 to $14,769,386.  Net income increased by $1,212,893, or approximately 79.0%, from $1,534,435 to $2,747,328, compared to the twelve-month period ended September 30, 2013.  On a per share basis, net income for the year was 12.1 cents per share compared to 6.8 cents per share in 2013.

Revenue for the quarter ended September 30, 2014 was $27,183,402, an increase of $1,814,035, or 7.2%, compared to $25,369,367 in the quarter ending September 30, 2013.  Gross profit increased by $1,971,780, or approximately 52.4%, from $3,765,546 to $5,737,326.  Net income was $1,002,531, an increase of $704,481, compared to $298,050 in the quarter ended September 30, 2013.

Additional summarized financial information is available at the financial section of this website.


September 12, 2014

LUFKIN, Texas, September 12, 2014 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the third quarter of fiscal 2014, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment. The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended June 30, 2014 was $21,008,224, an increase of $6,696,898 or 46%, compared to $14,311,326 in the quarter ended June 30, 2013. Gross profit increased by $1,281,954, or 49%, from $2,619,787 to $3,901,741. Net income was $993,206, an increase of $680,115 compared to $313,091 in the quarter ended June 30, 2013. On a per share basis, net income for the quarter was 4.4 cents per share.

For the nine-month period ending June 30, 2014, revenues increased by $13,023,959, or approximately 34%, from $38,205,971 to $51,229,930, compared to the corresponding nine-month period ended June 30, 2013. Gross profit increased by $2,025,238, or approximately 29%, from $7,006,822 to $9,032,060. Net income increased by $637,864, from $1,106,933 to $1,744,797, compared to the nine-month period ended June 30, 2013. On a per share basis, net income for the nine-month period was 7.7 cents per share compared to 4.9 cents per share for the corresponding period in 2013.

Additional summarized financial information is available at the financial section of this website.


August 25, 2014

LUFKIN, Texas, August 22, 2014 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the second quarter of fiscal 2014, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment. The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended March 31, 2014 was $15,777,311, an increase of $5,384,573 or 51.8%, compared to $10,392,738 in the quarter ended March 31, 2013. Gross profit increased by $868,292, from $1,813,460 to $2,681,752. Net income was $409,100, an increase of $369,182 compared to $39,918 in the quarter ended March 31, 2013. On a per share basis, net income for the quarter was 1.8 cents per share compared to 0.2 cents per share in 2013.

For the six-month period ending March 31, 2014, revenues increased by $6,327,061, or approximately 26.5%, from $23,894,645 to $30,221,706, compared to the corresponding six-month period ended March 31, 2013. Gross profit increased by $743,284, or approximately 16.9%, from $4,387,035 to $5,130,319. Net income decreased by $42,251, or approximately 5.3%, from $793,842 to $751,591, compared to the six-month period ended March 31, 2013. On a per share basis, net income for the six-month period was 3.3 cents per share compared to 3.4 cents per share in 2013.

Additional summarized financial information is available at the financial section of this website.


April 22, 2014

LUFKIN, Texas, April 8, 2014 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the first fiscal quarter of fiscal 2014, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment. The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended December 31, 2013 was $14,444,395, an increase of $942,488, or 7.0%, compared to $13,501,907 in the quarter ending December 31, 2012. Net income was $342,491, a decrease of $411,433, or 54.6%, compared to $753,924 in the quarter ended December 31, 2012. On a per share basis, net income for the quarter was 1.5 cents per share compared to 3.3 cents per share in 2012.

Additional summarized financial information is available at the financial section of this website.


March 28, 2014

LUFKIN, Texas, March 25, 2013 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the fourth quarter and the fiscal year ended September 30, 2013, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment. The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

For the year ended September 30, 2013, revenues increased by $8,611,566, or approximately 18.0%, from $47,747,062 to $56,358,628, compared to the corresponding twelve-month period ended September 30, 2012. Gross profit increased by $1,567,843, or approximately 19.6%, from $8,016,582 to $9,584,425. Net income increased by $755,031, or approximately 115%, from $653,520 to $1,408,551, compared to the twelve-month period ended September 30, 2012. On a per share basis, net income for the year was 6.2 cents per share compared to 2.9 cents per share in 2012.

Revenue for the quarter ended September 30, 2013 was $18,152,657, an increase of $1,756,212, or 10.7%, compared to $16,396,445 in the quarter ending September 30, 2012. Gross profit increased by $166,705, or approximately 6.9%, from $2,410,898 to $2,577,603. Net income was $301,618, an increase of $201,301, compared to $100,317 in the quarter ended September 30, 2012.

Additional summarized financial information is available at the financial section of this website.


August 8, 2013

LUFKIN, Texas, August 8, 2013 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the third quarter of fiscal 2013, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment. The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended June 30, 2013 was $14,311,326, an increase of $2,209,381 or 18.2%, compared to $12,101,945 in the quarter ended June 30, 2012. Gross profit increased by $539,277, or 25.9%, from $2,080,510 to $2,619,787. Net income was $313,091, a decrease of $290 compared to $313,381 in the quarter ended June 30, 2012. On a per share basis, net income for the quarter was 1.4 cents per share.

For the nine-month period ending June 30, 2013, revenues increased by $6,855,354, or approximately 21.8%, from $31,350,617 to $38,205,971, compared to the corresponding nine-month period ended June 30, 2012. Gross profit increased by $1,401,138, or approximately 25.0%, from $5,605,684 to $7,006,822. Net income increased by $553,730, from $553,203 to $1,106,933, compared to the nine-month period ended June 30, 2012. On a per share basis, net income for the nine-month period was 4.9 cents per share compared to 2.4 cents per share (adjusted) for the corresponding period in 2012.

Additional summarized financial information is available at the financial section of this website.


June 26, 2013

LUFKIN, Texas, June 26, 2013 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the second quarter of fiscal 2013, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment. The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended March 31, 2013 was $10,392,738, an increase of $3,060,408 or 41.7%, compared to $7,332,330 in the quarter ended March 31, 2012. Gross profit increased by $111,526, from $1,701,934 to $1,813,460. Net income was $39,918, an increase of $55,299 compared to a loss of $15,381 in the quarter ended March 31, 2012. On a per share basis, net income for the quarter was 0.2 cents per share compared to a loss of 0.1 cents per share in 2012.

For the six-month period ending March 31, 2013, revenues increased by $4,645,973, or approximately 24.1%, from $19,248,672 to $23,894,645, compared to the corresponding six-month period ended March 31, 2012. Gross profit increased by $861,861, or approximately 24.4%, from $3,525,174 to $4,387,035. Net income increased by $554,020, or approximately 231%, from $239,822 to $793,842, compared to the six-month period ended March 31, 2012.

Additional summarized financial information is available at the financial section of this website.


May 31, 2013

LUFKIN, Texas, May 31, 2013 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the first fiscal quarter of fiscal 2013, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries,distributes, leases and provides financing for industrial and logging equipment. The Company is also engaged in sawmill operations, oilfield fluids services and real estate.

Revenue for the quarter ended December 31, 2012 was $13,501 ,907, an increase of $1,585,565, or 13.3%, compared to $11,916,342 in the quarter ending December 31, 2011. Net income was $753,924, an increase of $498,721, or 195.4%, compared to $255,203 in the quarter ended December 31, 2011. On a per share basis, net income for the quarter was 3.3 cents per share compared to 1.1 cents per share in 2011 (adjusted from 1.4 cents per share, as originally reported, to reflect the dilutive effect of
the transaction described below).

In November 2012, the Company issued 4,000,000 additional shares of the Company’s common stock as part of a transaction to purchase a minority interest (47.98%) in Meshach Holdings, LLC and its management company (Meshach Management, LLLP), collectively referred to as “Meshach”. Consideration for this transaction was $1.2 million, or $0.30 per share.

Additional summarized financial information is available at the financial section of this website.


May 1, 2013

LUFKIN, Texas, May 1, 2013 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the fourth quarter and the fiscal year ended September 30, 2012, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment. The Company is also engaged in sawmill operations and oilfield fluids services.

For the year ended September 30, 2012, revenues decreased by $7,133,044, or approximately 13.0%, from $54,880,106 to $47,747,062, compared to the corresponding twelve-month period ended September 30, 2011. Gross profit decreased by $1,840,482, or approximately 18.7%, from $9,857,064 to $8,016,582. Net income decreased by $674,691, or approximately 5.1%, from $1,328,211 to $653,520, compared to the twelve-month period ended September 30, 2011. On a per share basis, net income for the year was 3.5 cents per share compared to 7.1 cents per share in 2011.

Revenue for the quarter ended September 30, 2012 was $16,396,445, an increase of $3,331,091, or 25.5%, compared to $13,065,354 in the quarter ending September 30, 2011. Gross profit decreased by $1,047,466, or approximately 30.3%, from $3,458,364 to $2,410,898. Net income was $100,317, an increase of $653,884, compared to a loss of $553,567 in the quarter ended September 30, 2011.

In December 2012, and subsequent to the date of these financial results, the Company acquired a minority interest in an unrelated business. The Company issued 4,000,000 additional shares of its common stock to acquire its position. The issuance of these additional shares would have diluted annual earnings results as of September 30, 2012 from 3.5 to 2.9 cents per share.

Additional summarized financial information is available at the financial section of this website.


July 23, 2012

LUFKIN, Texas, July 23, 2012 – TreeCon Resources, Inc. . (Pink Sheets: TCOR) today reported its results for the third quarter of fiscal 2012, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment. The Company is also engaged in sawmill operations and oilfield fluids services.

Revenue for the quarter ended June 30, 2012 was $12,101,945, a decrease of $225,873 or 1.8%, compared to $12,327,818 in the quarter ended June 30, 2011. Gross profit decreased by $511,224, from $2,591,734 to $2,080,510. Net income was $313,381, a decrease of $93,763 compared to $407,144 in the quarter ended June 30, 2011. On a per share basis, net income for the quarter was 1.7 cents per share compared to net income of 2.2 cents per share in 2011.

For the nine-month period ending June 30, 2012, revenues decreased by $10,464,135, or approximately 25.0%, from $41,814,752 to $31,350,617, compared to the corresponding nine-month period ended June 30, 2011. Gross profit decreased by $793,016, or approximately 12.4%, from $6,398,700 to $5,605,684. Net income decreased by $1,318,575, or approximately 70.0%, from $1,881,778 to $563,203, compared to the nine-month period ended June 30, 2011.

Additional summarized financial information is available at the financial section of this website.


May 1, 2012

LUFKIN, Texas, May 1, 2012 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the second quarter of fiscal 2012, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations and oilfield fluids services.

Revenue for the quarter ended March 31, 2012 was $7,332,330, a decrease of $6,882,664 or 48.4%, compared to $14,214,994 in the quarter ended March 31, 2011. Gross profit increased by $659,739, from $1,042,195 to $1,701,934. Net income was a loss of $15,381, a decrease of $811,442 compared to $796,061 in the quarter ended March 31, 2011. On a per share basis, the net loss for the quarter was 0.1 cents per share compared to net income of 4.3 cents per share in 2011.

For the six-month period ending March 31, 2012, revenues decreased by $10,238,262, or approximately 34.7%, from $29,486,934 to $19,248,672,compared to the corresponding six-month period ended March 31, 2011. Gross profit decreased by $281,792, or approximately 7.4%, from $3,806,966 to $3,525,174. Net income decreased by $1,234,812, or approximately 83.7%, from $1,474,634 to $239,822, compared to the six-month period ended March 31, 2011.

Additional summarized financial information is available at the financial section of this website


February 17, 2012

LUFKIN, Texas, February 17, 2012 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the first fiscal quarter of fiscal 2012, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment. The Company is also engaged in sawmill operations and oilfield fluids services.

Revenue for the quarter ended December 31, 2011 was $11,916,342, a decrease of $3,355,598, or 22.0%, compared to $15,271,940 in the quarter ending December 31, 2010. Net income was $255,203, a decrease of $423,370, or 62.4%, compared to $678,573 in the quarter ended December 31, 2010. On a per share basis, net income for the quarter was 1.4 cents per share compared to 3.6 cents per share in 2010.

Additional summarized financial information is available at the financial section of this website.


February 3, 2012

LUFKIN, Texas, February 3, 2012 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the fourth quarter and the fiscal year ended September 30, 2011, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment. The Company is also engaged in sawmill operations and oilfield fluids services.

For the year ended September 30, 2011, revenues increased by $7,818,556, or approximately 16.6%, from $47,061,550 to $54,880,106, compared to the
corresponding twelve-month period ended September 30, 2010. Gross profit increased by $1 ,868,571, or approximately 23.4%, from $7,988,493 to $9,857,064. Net income decreased by $281,847, or approximately 17.5%, from $1 ,610,058 to $1 ,328,211, compared to the twelve-month period ended September 30, 2010. On a per share basis, net income for the year was 7.1 cents per share compared to 8.6 cents per share in 2010.

Revenue for the quarter ended September 30, 2011 was $13,065,354. a decrease of $2,588,644, or 16.5%, compared to $15,653,998 in the quarter ending September 30, 2010. Gross profit Increased by $1,718,247, or approximately 98.7%, from $1,740,117 to $3,458,364. Net income was a loss of $553,567, a decrease of $568,785, compared to $15,218 in the quarter ended September 30, 2010.

In 2010 and years prior, the Company’s operating results benefited from substantial tax loss carryovers which significantly reduced the Company’s federal income tax obligation. Those carryovers have been consumed, and year-over-year comparative results are now affected significantly.

Additional summarized financial information is available at the financial section of this website.


August 8, 2011

LUFKIN, Texas, August 8, 2011 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the third quarter of fiscal 2011, and is making available on its website certain financial information regarding the Company’s financial performance.  TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations and oilfield fluids services.

Revenue for the quarter ended June 30, 2011 was $12,327,818, a decrease of $2,358,253, or 16.1%, compared to $14,686,071 in the quarter ending June 30, 2010.  Gross profit decreased by $506,267, or approximately 16.3%, from $3,098,001 to $2,591,734.  Net income was $407,144, a decrease of $682,227 or 62.6%, compared to $1,089,371 in the quarter ended June 30, 2010.  On a per share basis, net income for the quarter was 2.2 cents per share compared to 5.9 cents per share in 2010.

For the nine-month period ending June 30, 2011, revenues increased by $10,407,200, or approximately 33.1%, from $31,407,552 to 41,814,752, compared to the corresponding nine-month period ended June 30, 2010.  Gross profit increased by $150,324, or approximately 2.4%, from $6,248,376 to $6,398,700.  Net income increased by $286,938, or approximately 18.0%, from $1,594,840 to $1,881,778, compared to the nine-month period ended June 30, 2010.  On a per share basis, net income for the nine months was 10.1 cents per share compared to 8.6 cents per share for the corresponding nine-month period in 2010.

Additional summarized financial information is available at the financial section of this website.


June 29, 2011

LUFKIN,, Texas, July 29, 2011 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the second quarter of fiscal 2011, and is making available on its website certain financial information regarding the Company’s financial performance.  TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations and oilfield fluids services.

Revenue for the quarter ended March 31, 2011 was $14,214,994, an increase of $7,033,743, or 98.0%, compared to $7,181,251 in the quarter ended March 31, 2010.  Gross profit decreased by $591,191, or approximately 36.2%, from $1,633,386 to $1,042,195.  Net income was $796,061, an increase of $275,797, or 80.3%, compared to $343,374 in the quarter ended March 31, 2010.  On a per share basis, net income for the quarter was 4.3 cents per share compared to 1.8 cents per share in 2010.

For the six-month period ending March 31, 2011, revenues increased by $12,765,453, or approximately 76.3%, from $16,721,481 to 29,486,934, compared to the corresponding six-month period ended march 31, 2010.  Gross profit increased by $656,591, or approximately 20.8%, from $3,150,375 to $3,806,966.  Net income increased by $969,165, or approximately 191.7%, from $505,469 to $1,474,634, compared to the six-month period ended March 31, 2010.

Additional summarized financial information is available at the financial section of this website.


June 29, 2011

LUFKIN, Texas, June 29, 2011 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the first fiscal quarter of fiscal 2011, and is making available on its website certain financial information regarding the Company’s financial performance.  TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment.  The Company is also engaged in sawmill operations and oilfield fluids services.

Revenue for the quarter ended December 31, 2010 was $15,271,940, an increase of $5,731,710, or 60.1%, compared to $9,540,230 in the quarter ending December 31, 2009.  Net income was $678,573, an increase of $516,478, or 318.6%, compared to $162,095 in the quarter ended December 31, 2009.  On a per share basis, net income for the quarter was 3.6 cents per share compared to 1.0 cents per share in 2009.

Additional summarized financial information is available at the financial section of this website.


March 18, 2011

LUFKIN, Texas, March 18, 2011 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the fourth quarter and the fiscal year ended September 30, 2010, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment. The Company is also engaged in sawmill operations and oilfield fluids services.

For the year ended September 30, 2010, revenues increased by $11,555,345, or approximately 32.5%, from $35,506,205 to 47,061,550, compared to the corresponding twelve-month period ended September 30, 2009. Gross profit increased by $1,063,636, or approximately 15.3%, from $6,924,857 to $7,988,493. Net income increased by $736,372, or approximately 84.3%, from $873,686 to $1,610,058, compared to the twelve-month period ended September 30, 2009. On a per share basis, net income for the year was 8.6 cents per share compared to 4.7 cents per share in 2009.

Revenue for the quarter ended September 30, 2010 was $15,653,998, an increase of $6,238,892, or 66.3%, compared to $9,415,106 in the quarter ending September 30, 2009. Gross profit increased by $176,791, or approximately 11.3%, from $1,563,326 to $1,740,117. Net income was $15,218, a decrease of $200,762, compared to $215,980 in the quarter ended September 30, 2009.

Additional summarized financial information is available at the financial section of this website.


August 16, 2010

LUFKIN, Texas, August 16, 2010 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the third quarter of fiscal 2010, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment. The Company is also engaged in sawmill operations and oilfield fluids services.

Revenue for the quarter ended June 30, 2010 was $14,686,071, an increase of $7,027,352, or 91.7%, compared to $7,658,719 in the quarter ending June 30, 2009. Gross profit increased by $1,552,977, or approximately 100.5%, from $1,545,024 to $3,098,001. Net income was $1,089,371, an increase of $1,046,270, or 2,427%, compared to $43,101 in the quarter ended June 30, 2009. On a per share basis, net income for the quarter was 5.9 cents per share compared to 0.2 cents per share in 2009.

For the nine-month period ending June 30, 2010, revenues increased by $5,316,453, or approximately 20.3%, from $26,091,099 to 31,407,552, compared to the corresponding nine-month period ended June 30, 2009. Gross profit increased by $886,845, or approximately 16.5%, from $5,361,531 to $6,248,376. Net income increased by $937,134, or approximately 142%, from $657,706 to $1,594,840, compared to the nine-month period ended June 30, 2009.

During the quarter, operations commenced at the Company’s oilfield fluids plant located near Center, Texas. The plant is 52% owned by the Company, and is consolidated accordingly. During the quarter, the Company’s share of start-up loss was $98,875, net of taxes. The Company serves as managing partner.

Additional summarized financial information is available at the financial section of this website.


July 8, 2010

LUFKIN, Texas, July 8, 2010 – The Board of Directors of TreeCon Resources, Inc. has named John Langford to the Board of Directors and President of the Company, effective July 1, 2010. John brings 28 years of business experience to TreeCon Resources from his prior position as Senior Tax Partner with Axley & Rode, LLP, a regional public accounting firm.

A native East Texan, John’s business background includes extensive experience in the East Texas timber and timber services industry. John and his wife, Linda, make their home in Lufkin, Texas.

John succeeds Mike Boatman, who passed away unexpectedly in April. Mike had joined the Company in 1986, dedicating essentially his entire working life to building and growing the Company. “Words cannot express our gratitude for what Mike contributed to our business, and words cannot express our deep sense of loss of our friend”, stated Harold Estes, Chairman of the Board. “Mike left us a good company, and we are so pleased that John is the man who will lead us forward.”

TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment and is also engaged in sawmill operations. The Company’s stock is traded over-the-counter (Pink Sheets) under the symbol TCOR.


June 7, 2010

LUFKIN, Texas, June 7, 2010 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the second quarter of fiscal 2010, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment and is also engaged in sawmill operations.

Revenue for the quarter ended March 31, 2010 was $7,181,251, a decrease of $1,070,396, or 13.0%, compared to $8,251,647 in the quarter ending March 31, 2009. Gross profit decreased by $254,803, or approximately 13.5%, from $1,888,189 to $1,633,386. Net income was $343,374, an increase of $45,907, or 15.4%, compared to $297,467 in the quarter ended March 31, 2009. On a per share basis, net income for the quarter was 1.8 cents per share compared to 1.6 cents per share in 2009.

For the six-month period ending March 31, 2010, revenues decreased by $1,710,899, or approximately 9.3%, from $18,432,380 to 16,721,481, compared to the corresponding six-month period ended march 31, 2009. Gross profit decreased by $666,132, or approximately 17.5%, from $3,816,507 to $3,150,375. Net income decreased by $109,136, or approximately 17.8%, from $614,605 to $505,469, compared to the six-month period ended March 31, 2009.

Additional summarized financial information is available at the financial section of this website.


March 29, 2010

LUFKIN, Texas, March 29, 2010 – TreeCon Resources, Inc. (Pink Sheets: TCOR) today reported its results for the first fiscal quarter of fiscal 2010, and is making available on its website certain financial information regarding the Company’s financial performance. TreeCon Resources is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial and logging equipment and is also engaged in sawmill operations.

Revenue for the quarter ended December 31, 2009 was $9,540,230, a decrease of $640,503, or 6.3%, compared to $10,180,733 in the quarter ending December 31, 2008. Net income was $162,095, a decrease of $155,043, or 48.9%, compared to $317,438 in the quarter ended December 31, 2008. On a per share basis, net income for the quarter was 1.0 cents per share compared to 1.7 cents per share in 2008.

Additional summarized financial information is available at the financial section of this website.