09:54 AM EST, 11/06/2025 (MT Newswires) -- Supremex ( SUMXF ) rose 3.1% on Thursday as it reported a profit in the third quarter despite a fall in revenue.

For the three-months ended Sept. 30, net earnings were $9.1 million compared with a net loss of $23 million a year earlier. Adjusted net earnings per share for the quarter was $0.19 compared with adjusted net earnings of $0.05 per share, a year-ago, which missed consensus estimate compiled by FactSet of $0.08 earnings per share.

Total revenue decreased to $65.7 million, compared with $69.4 million, a year-ago, missing consensus estimates compiled by FactSet of $67.3 million.

"Supremex ( SUMXF ) reinforced its track record for value creation in the third quarter of 2025 as proceeds from a sale and leaseback transaction related to properties in Ontario and Quebec were used to substantially reduce debt and return significant funds to shareholders through a special dividend," said Supremex ( SUMXF ) Chief Executive Stewart Emerson. "As for operations, Envelope volume was relatively stable despite the considerable headwinds associated with the ongoing Canada Post labour turmoil with gains from recently acquired Envelope Laurentide in Canada partially offsetting material reduction in volume from a single U.S. direct mail account."

"In Packaging & Specialty Products, solid performances from our folding carton, e-commerce packaging solutions and the contribution of the recently acquired Trans-Graphique folding carton business activities were overshadowed by lower revenue from the commercial printing business, which was also impacted by the ongoing Canada Post labour turmoil," said Emerson.

On Wednesday, its board declared a quarterly dividend of $0.05 per common share, unchanged from the prior quarter, payable on Dec. 19, to shareholders of record at the close of business on Dec. 4.

Shares of the company were last seen up $0.12 at $3.67 on the Toronto Stock Exchange.

Price: 3.68, Change: +0.12, Percent Change: +3.37