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Supremex Reports Q3 Loss and Strategic Moves

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Supremex Reports Q3 Loss and Strategic Moves

Supremex (TSE:SXP) has released an update.

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Supremex Inc. reported a challenging third quarter in 2024, with a net loss of $23 million, despite a slight revenue increase in their Packaging and Specialty Products segment. The company announced a strategic move to enhance financial flexibility through a sale-leaseback of two properties and a significant 25% increase in their quarterly dividend.

For further insights into TSE:SXP stock, check out TipRanks’ Stock Analysis page.

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