Greystone Logistics reports net income of $1,922,297 and EBITDA of $10,008,828.22 for fiscal year ending May 31, 2025. The company achieved significant debt reduction, paid $428,713 in preferred dividends, and repurchased $5 million in preferred stock. Strategic investments were made, including acquiring a property for future expansion and development.
CEO Warren Kruger highlights financial stability and growth opportunities. Greystone Logistics repurchased 215,624 common shares and 1,009,000 shares in total. Sales growth is a focus, with infrastructure in place to drive top-line expansion and margin enhancement. The company remains committed to delivering value to shareholders and stakeholders.
Greystone Logistics is a sustainable manufacturing company specializing in recycled plastic pallets for various industries. The company’s technology and proprietary blend of recycled plastic resins enable cost-effective production of high-quality pallets. Major clients include Simplot, Walmart, and Diageo. Greystone is dedicated to reducing environmental waste and providing logistical solutions.
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