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King Mountain Tobacco reports $214,817 profit for July
By Sarah Lizee
Olympia, Wash., Aug. 22 – King Mountain Tobacco Co., Inc. reported a $214,817 net profit on $2.63 million of gross income/sales for July, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Eastern District of Washington.
The company listed $8.27 million of cash at the end of July.
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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