KP Tissue to Release Third Quarter 2023 Financial Results for Kruger Products Inc.
KP Tissue Inc. ("KPT"), which holds an interest in Kruger Products Inc., will be announcing the financial results for both KPT and Kruger Products Inc. for the third quarter of 2023 on Wednesday, November 8, 2023, before the market opens. The conference call will take place on the same day at 8:30 a.m. Eastern Time.
Conference Call Details
To join the conference call, participants can dial 1-888-664-6383 or 416-764-8650. The call can also be accessed via the internet at www.kptissueinc.com.
Conference Call Rebroadcast
A rebroadcast of the conference call will be available until midnight, November 15, 2023, by dialing 1-888-390-0541 or 416-764-8677 and entering the passcode 991958. The webcast replay will remain available on the website until midnight, November 15, 2023.
About KP Tissue Inc. (KPT)
KPT was established to hold an interest in Kruger Products Inc. and is accounted for as an equity investment. Currently, KPT holds a 13.3% interest in Kruger Products Inc. For more information, please visit www.kptissueinc.com.
About Kruger Products Inc.
Kruger Products Inc. is a leading manufacturer of quality tissue products in Canada, serving both household and commercial markets. Their well-known brands include Cashmere®, Purex®, SpongeTowels®, Scotties®, White Swan®, and Bonterra™. In the U.S., Kruger Products Inc. manufactures the White Cloud® brand and private label products. The company also provides cost-effective product solutions to commercial and public entities through its Away-From-Home division. With approximately 2,800 employees, Kruger Products Inc. operates nine FSC® COC-certified production facilities in North America. For more information, please visit www.krugerproducts.ca.
For further information, please contact François Paroyan, General Counsel and Corporate Secretary at KP Tissue Inc., at 905.812.6936 or email@example.com. Investors can reach Mike Baldesarra, Director of Investor Relations at KP Tissue Inc., at 905.812.6962 or IR@KPTissueinc.com.
SOURCE KP Tissue Inc.
Implications of KP Tissue's Financial Results Release for New Businesses
The announcement by KP Tissue Inc. (KPT) to release its third quarter 2023 financial results, along with those of Kruger Products Inc., presents an intriguing case study for new businesses. KPT, which holds a 13.3% interest in Kruger Products Inc., is a key player in the tissue product market, both in Canada and the U.S.
Financial Transparency and Investor Relations
The way KPT handles its financial disclosure, including a conference call and webcast replay availability, underscores the importance of transparency in business. For startups, it's crucial to maintain open lines of communication with stakeholders, particularly when it comes to financial matters.
Equity Investments and Business Strategy
KPT's business strategy, which involves holding an equity investment in Kruger Products Inc., offers a unique business model. This approach might be an avenue for new businesses to consider, particularly those looking to mitigate risk and diversify their portfolio.
Market Presence and Branding
Kruger Products Inc.'s strong market presence, with a range of well-known brands, highlights the importance of effective branding. New businesses must strive to build a strong brand identity to stand out in a competitive market.
In conclusion, KPT's upcoming financial results release offers valuable insights for new businesses, from the importance of financial transparency to the potential of equity investments and the power of strong branding.