READING, Pa.--(BUSINESS WIRE)--Aug 20, 2025-- Cambridge-Lee Holdings, Inc, has announced its unaudited consolidated results for the second quarter of 2025.CAMBRIDGE-LEE HOLDINGS, INC. AND SUBSIDIARIES(A Wholly Owned Subsidiary of Tubo de Pasteje S.A. de C.V.)  CONSOLIDATED BALANCE SHEETSAs of June 30, 2025 and June 30, 2024  Figures in US Dollars12/31/20246/30/20246/30/2025AssetsCurrent Assets:Cash and cash equivalents $ 298,409,000 $ 213,343,000 234,617,000 Accounts Receivable - Net 78,187,000 118,045,000 117,345,000 Accounts Receivable - Affiliates 9,353,000 10,591,000 23,476,000 Accounts Receivable - Refundable Income Tax 1,141,000 3,204,000 1,141,000 Other Receivables 250,000 301,000 364,000 Inventories — net 103,707,000 102,363,000 138,468,000 Other current assets 6,733,000 17,015,000 24,776,000 Total current assets 497,780,000 464,862,000 615,873,000 Property, Plant, and Equipment — Net 50,069,000 49,320,000 53,502,000 ROU Asset 4,250,000 4,636,000 4,358,000 Deferred Financing Fees — Net 117,000 143,000 92,000 Other Long-Term Assets 13,222,000 449,000 426,000 Total $ 565,438,000 $ 519,410,000 $ 674,251,000 Liabilities and Shareholders' EquityCurrent Liabilities:  Current portion of long-term debt 2,327,000 2,355,000 1,168,000 Lease Liability - S. T. 1,180,000 1,246,000 1,228,000 Trade Accounts Payable 28,456,000 29,451,000 54,664,000 Affiliates Payable 1,277,000 3,592,000 4,489,000 Accrued expenses and taxes other than income tax 14,123,000 16,103,000 17,797,000 Income taxes payable 1,238,000 5,556,000 18,460,000 Total current liabilities 48,601,000 58,303,000 97,806,000 Long-Term Debt 9,000 1,167,000 Long-Term Obligations — Other 1,004,000 (919,000 ) (778,000 )Lease Liability - L. T. 3,125,000 3,448,000 3,179,000 Deferred Income Taxes 2,360,000 3,265,000 2,360,000 Total liabilities 55,099,000 65,264,000 102,567,000 SHAREHOLDERS’ EQUITY:Common stock, no par — authorized, 1,500 shares; issued and outstanding, 1,000 shares 1,000 1,000 1,000 Additional paid-in capital 24,205,000 24,205,000 24,205,000 Excess of liabilities assumed over book value of assets transferred (17,514,000 ) (17,514,000 ) (17,514,000 )Retained earnings 488,801,000 434,874,000 548,312,000 Accumulated other comprehensive income (loss) (127,000 ) (713,000 ) (127,000 )Noncontrolling owner’s interest 14,973,000 13,293,000 16,807,000 Total shareholders' equity 510,339,000 454,146,000 571,684,000 TOTAL $ 565,438,000 $ 519,410,000 $ 674,251,000 CAMBRIDGE-LEE HOLDINGS, INC. AND SUBSIDIARIES(A Wholly Owned Subsidiary of Tubo de Pasteje S.A. de C.V.)  CONSOLIDATED STATEMENTS OF OPERATIONSAs of June 30, 2025 and June 30, 2024  Figures in US Dollars12/31/20246/30/20246/30/2025Revenues:Net Sales $ 794,805,000 $ 402,617,000 $ 475,336,000 Cost of Sales 567,417,000 284,240,000 324,177,000 Gross Income 227,388,000 118,377,000 151,159,000 Selling, General and Administrative Expenses 44,506,000 22,070,000 22,926,000 Operating Income 182,882,000 96,307,000 128,233,000 Other Expense:Interest — net 8,808,000 5,281,000 2,089,000 Other — net 2,530,000 67,000 3,815,000 Total Other Expense 11,338,000 5,348,000 5,904,000 Income (Loss) From Continuing Operations Before Provision for Income Taxes 194,220,000 101,655,000 134,137,000 Provision (benefit) for Income Taxes 47,418,000 25,443,000 42,793,000 Net Income Gain (Loss) from Continuing Operations 146,802,000 76,212,000 91,344,000 COMPREHENSIVE (LOSS) INCOME—Pension unrecognized 604,000 0 0 Net Income (Loss) 147,406,000 76,212,000 91,344,000 Net Income Attributable to Noncontrolling Interest 4,389,000 2,279,000 2,731,000 Net Income Attributable to Cambridge-Lee Holdings, Inc. 143,018,000 73,933,000 88,614,000 CAMBRIDGE-LEE HOLDINGS, INCSTATEMENT OF CASH FLOWFigures in US Dollars  June 30, 2025OPERATING ACTIVITIES:Net income (loss) 91,344,000 Adjustments to reconcile net income (loss) to net cash provided by operating activities:Depreciation and amortization 3,845,000 Allowance for (benefit from) doubtful accounts receivable (12,000 )  Changes in assets and liabilities which provided (used) cash:(Increase) decrease in accounts and notes receivable (53,194,000 )(Increase) decrease in inventories (34,761,000 )(Increase) decrease in prepaid expenses, deposits and other assets (5,259,000 )Increase (decrease) in other long term obligations (1,782,000 )Increase (decrease) in accnts payable, accrued exps & amounts due to affiliates 33,096,000 Change in operating lease liabilities (7,000 )Increase (decrease) in income taxes payable 17,033,000 Increase (decrease) in short-term investments (75,686,000 )Total adjustments (116,727,000 )  net cash provided by (used in) operating activities (25,383,000 )  CASH FLOWS FROM INVESTING ACTIVITIES:Purchases of property, plant and equipment (7,266,000 )Net cash provided by (used in) investing activities (7,266,000 )  CASH FLOWS FROM FINANCING ACTIVITIES:Proceeds from long term debt (1,168,000 )Payment of debt issuance costs 25,000 Cash payment of dividends (30,000,000 )Net cash provided by (used in) financing activities (31,143,000 )  EFFECT OF EXCHANGE RATE CHANGES ON CASH  Net increase in cash and cash equivalents (63,792,000 )Cash and cash equivalents at beginning of period 298,409,000 Cash and cash equivalents at end of period 234,617,000 View source version on businesswire.com:https://www.businesswire.com/news/home/20250820181710/en/ CONTACT: Francisco Rodriguez [email protected] Tel 5255 5216 4028 KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA INDUSTRY KEYWORD: OTHER MANUFACTURING MANUFACTURING SOURCE: Cambridge-Lee Holdings, Inc. Copyright Business Wire 2025. PUB: 08/20/2025 12:44 PM/DISC: 08/20/2025 12:43 PM http://www.businesswire.com/news/home/20250820181710/en