Brief: KP Tissue Inc Q1 Revenue Was $398.7 Mln Compared To $310.4 Mln In Q1 2021

KP Tissue

12/05/2022 12:21

May 12 (Reuters) - KP Tissue Inc  KPT.TO :
    * KP TISSUE RELEASES FIRST QUARTER 2022 FINANCIAL RESULTS
    * REVENUE WAS $398.7 MILLION IN Q1 2022 COMPARED TO $310.4
MILLION
IN Q1 2021
    * ANTICIPATE CONTINUED MOMENTUM IN Q2 SALES IN BOTH CONSUMER
AND
AWAY-FROM-HOME
    * COST INFLATION AND SUPPLY CHAIN ISSUES ARE EXPECTED TO
CONTINUE
TO IMPACT THE BUSINESS
    * NET INCOME WAS $1.4 MILLION IN Q1 2022 COMPARED TO $6.8
MILLION
IN Q1 2021
    * Q1 REVENUE VIEW C$389.0 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX6gCcbg 
Further company coverage:  KPT.TO 

 ((Reuters.Briefs@thomsonreuters.com;))