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Karat Packaging reports 5.2% net income increase in Q1 2025

The US -based Karat Packaging Company, Karat Packaging, told a net of $ 6.8 million for the first quarter (Q1) in 2025, which is 5.2 % of $ 6.5 million in the same period last year.

The net income margin in the last quarter was 6.6 %, compared to 6.8 % in the same period last year.

For the first quarter ending on March 31, 2025, the company recorded net sales of $ 103.6 million, an increase of 8.4 % from 95.6 million dollars in the previous quarter of the previous year.

In the last quarter, the company announced a total profit of $ 40.8 million, which also increased by 8.4 %, from $ 37.6 million last year.

Its total margin was 39.3 % in the first quarter of 2025, consistent with the previous quarter of the previous year.

In the first quarter of 2025, the profits of the modified company before benefits, taxes, depreciation and firefighting (Ebitda) amounted to $ 11.9 million for $ 13.5 million compared to the quarter last year. Karat Packaging has posted an 11.5 % modified EBITDA margin compared to 14.2 % in the previous quarter.

Karat Packaging says its net sales for the second quarter of this year are expected to increase with one number to low double numbers compared to the previous quarter.

The total margin of the company for the second quarter is expected to be in line with the first quarter.

“We have made another strong, as sales volume increased by 10.9 % and net sales by 8.4 % and we believe that we are in a good position to move in the challenges of the supply chain and the non -confirmed commercial environment,” said Alan Yu, CEO of Karat Packaging.

“Our effective and smart global strategic capabilities enabled us to behave early, which reduced dependence on China from about 20 % at the end of 2024 to 15 % in March 2025, where we secured stock from alternative sources with more largely convenient trade conditions under the current tariff structure.

“Moreover, due to the recently imposed extremist tariff, we have temporarily suspended imports from most sellers in China starting in mid -April.”

Karat packaging reports by 5.2 % income increase in the first quarter of 2025 “was originally created by Backing Gateway, a brand owned by Globaldata.


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2025-05-09 13:54:00

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