Kontrol Technologies (TSE:KNR) has released an update.
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Kontrol Technologies has reported a robust second quarter, with significant balance sheet improvements and an increase in cash position, having paid off all interest-bearing bank debt and closed their secured debt facility. The company also announced a $13.3 million gain from the sale of air monitoring assets, positioning itself for future growth through organic channels and strategic acquisitions.
For further insights into TSE:KNR stock, check out TipRanks’ Stock Analysis page.
