Bemax Releases Revenue Estimates of $1.73 Million

Bemax Inc. (OTCPK: BMXC), a private label development Company with focus on disposable diapers and women’s hygienic sanitary products is pleased to release the revenue estimates of $1.73 million for the full fiscal year 2024 with full year estimated fully diluted net earnings per share of $0.00013.

The estimated revenue increase of $1.73 million compared with $8,100 of previous year with estimated year 2024 gross profit of $1.1m is primarily due to introduction of new private label brands, expansion of Bemax distribution network, and new supplier agreement with The Kroger Co. In addition, Bemax continue to seek, and completing plans for new distribution network with other major supermarkets and grocery stores across North America.  

Bemax Inc. CEO Taiwo Aimasiko is pleased with the growing distribution network opportunities and expansion for the company. Taiwo Aimasiko stated “The upcoming launch of Bemax new private label brands with an expansive distribution network would allow for the attainment of our revenue growth”.

About Bemax Inc.

Bemax Inc. exports and distribute private label household products to the global emerging markets. www.bemaxinc.com.

Safe Harbor Statement

This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

CONTACT INFORMATION

Bemax Inc.
Atlanta, GA
USA

Email: admin@bemaxinc.com
Tel: 4044808372