Avalon Holdings Corp. announces 2019 results
WARREN — Avalon Holdings Corp. reported net operating revenue of $68.4 million for 2019, up from $62.2 million for 2018. For the first quarter of 2019, net revenue was $17.3 million, up from $15.9 million in the same quarter for 2018.
The company incurred a loss of $500,000 for common shareholders for the year compared to $1.1. million for 2018. The basic net loss per share was 12 cents compared to 30 cents for 2018.
Avalon Holdings in Howland is a waste management company that also owns Avalon Resorts and Clubs Inc., which runs a hotel, four golf courses and country clubs and a multipurpose recreation center.