Greystone Logistics Inc. Reports FY 2025 Net Income of $1.92M and Sales of $57.87M

Reuters
09/03
Greystone Logistics Inc. Reports FY 2025 Net Income of $1.92M and Sales of $57.87M

Greystone Logistics, Inc., a leading manufacturer of recycled plastic pallets, has reported its financial results for the fiscal year ending May 31, 2025. The company achieved a net income of $1.922 million after preferred dividends of $428,713, with an EBITDA of $10.009 million on sales totaling $57.869 million. A notable development for the year includes a significant reduction in long-term debt by $2.247 million, enhancing the company's financial stability. In addition, Greystone Logistics acquired a strategically located property for $1.8 million, intended for future expansion and development. The company also repurchased 215,624 common shares on the open market during the year, totaling 1.009 million shares repurchased to date. These actions reflect the company's confidence in its long-term prospects and commitment to delivering value to shareholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greystone Logistics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9522251-en) on September 03, 2025, and is solely responsible for the information contained therein.

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