Supremex Inc. (TSE:SXP) has released an update.
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Supremex Inc., a North American envelope and packaging leader, reported a decrease in first-quarter revenue to $73.3 million in 2024 from $88.4 million the previous year, alongside a dip in net earnings to $3.5 million from $9.5 million in Q1 of 2023. Despite the decline, the company experienced a rise from the previous quarter in both revenue and earnings and declared a quarterly dividend of $0.04 per share. Additionally, the company has acquired Forest Envelope and is focusing on expanding its market and improving efficiency, particularly in the food packaging sector.
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