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King Mountain Tobacco reports $30,999 profit for April
By Sarah Lizee
Olympia, Wash., May 26 – King Mountain Tobacco Co., Inc. reported a $30,999 net profit on $2.24 million of gross income/sales for the April period, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Eastern District of Washington.
The company listed $6.88 million of cash at the end of the month.
King Mountain Tobacco is a White Swan, Wash.-based tobacco manufacturer owned and operated by citizens of the Yakama Nation. The company filed Chapter 11 bankruptcy on Sept. 25, 2020 under case number 20-01808.
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