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Integrated Proteins Limited Announces Financial Results for the Quarter Ended June 30, 2023
Integrated Proteins Limited (the "Company" or "IPL") today announced its financial results for the three and six months ended June 30, 2023. Financial Highlights
Revenue for the quarter increased by 10.5% to $1.2 billion, compared to $1.1 billion in the corresponding quarter of the prior year.
Gross profit increased by 12.2% to $306.0 million, compared to $272.9 million in the corresponding quarter of the prior year.
Net income increased by 15.6% to $123.5 million, compared to $106.6 million in the corresponding quarter of the prior year.
Basic and diluted earnings per share increased by 15.6% to $0.89, compared to $0.77 in the corresponding quarter of the prior year.
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Integrated Proteins Limited Announces Strategic Partnership with Global Food Company
Integrated Proteins Limited (the "Company" or "IPL") today announced a strategic partnership with XYZ Food Company ("XYZ"), a leading global food company. Under the terms of the partnership, IPL will supply XYZ with a range of high-quality protein ingredients for use in XYZ's food products.
"We are excited to partner with XYZ, a company that shares our commitment to providing high-quality, sustainable food products to consumers around the world," said John Smith, CEO of IPL. "This partnership will allow us to expand our reach into new markets and continue to grow our business."
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Integrated Proteins Limited Announces New Plant Expansion
Integrated Proteins Limited (the "Company" or "IPL") today announced plans to expand its manufacturing capacity with a new plant in the United States. The new plant is expected to be operational in 2024 and will create up to 100 new jobs.
"This expansion is a testament to the growing demand for our high-quality protein ingredients," said John Smith, CEO of IPL. "The new plant will allow us to meet the needs of our customers and continue to grow our business."
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Integrated Proteins Announces Acquisition of Major Feed Manufacturing Plant in Western Canada
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Integrated Proteins Partners with Leading Animal Health Company to Enhance Livestock Nutrition
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Integrated Proteins Reports Strong Financial Results for Fiscal Year 2022
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Integrated Proteins Limited Announces Record Results for 2022
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2023) - Integrated Proteins Limited ("IPL" or the "Company") (CSE: IPL; OTCQB: IPILF) is pleased to announce its financial results for the year ended December 31, 2022.
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Integrated Proteins Limited Announces Launch of New Product Line
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2023) - Integrated Proteins Limited ("IPL" or the "Company") (CSE: IPL; OTCQB: IPILF) is pleased to announce the launch of its new product line, IPL Sport.
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Integrated Proteins Limited Announces Positive Results from Pilot Study
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2023) - Integrated Proteins Limited ("IPL" or the "Company") (CSE: IPL; OTCQB: IPILF) is pleased to announce the results of its pilot study on the use of its IPL-101 product as a treatment for sarcopenia.
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Integrated Proteins Ltd. Announces New Strategic Partnership with Global Protein Leader
Integrated Proteins Ltd. (IPL), a leading provider of high-quality protein ingredients, is pleased to announce a new strategic partnership with Global Protein Leader (GPL), a global leader in the protein industry.
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Integrated Proteins Ltd. Reports Strong Financial Results for 2022
Integrated Proteins Ltd. (IPL) today announced strong financial results for the year ended December 31, 2022. The company reported revenue of $1.2 billion, an increase of 10% year-over-year.
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Integrated Proteins Ltd. Expands Production Capacity with New Facility in Europe
Integrated Proteins Ltd. (IPL) today announced the expansion of its production capacity with a new state-of-the-art facility in Europe. The new facility will be located in the Netherlands and is expected to be operational in 2024.