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Kp Tissue Inc(KPT-T)
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Stocks in play: KP Tissue Inc.

Baystreet.ca - Baystreet - Thu May 11, 2023

Reports the Q1 2023 financial and operational results of KPT and Kruger Products Inc. First-quarter revenue was $451.0 million in Q1 2023 compared to $398.7 million in Q1 2022, an increase of $52.3 million or 13.1%. Adjusted EBITDA was $50.0 million in Q1 2023, compared to $29.1 million in Q1 2022, an increase of 71.9%. Net loss was $49.3 million in Q1 2023 compared to net income of $1.4 million in Q1 2022, a decrease of $50.7 million. KP Tissue Inc. shares T.KPT are trading unchanged at $10.17.

Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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