Farmmi drives increased sales with latest multi-product sales win
Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced the Company's subsidiary Zhejiang Forest Food Co., Ltd. won a multi-product order for export to Israel. This latest sales win is for dried whole and sliced Shiitake mushrooms, and dried black fungus.
Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "We have emerged from a challenging period ready for growth, customer development and ongoing capacity expansion plans. We are seeing increased demand levels in China and worldwide, as we position Farmmi for accelerated revenue and profit growth. We are making steady progress and are very pleased with our success in growing revenue at existing customers, as evidenced with our latest sales win, and in attracting new customers seeking high-quality agricultural products. As a proven large-scale manufacturer with a strong global brand and supply chain, we have considerable competitive advantages and expect an uptick in growth as we move through the year."