Business
Farmmi Announces Latest Sale in the Middle East
LISHUI, China, Dec. 14, 2022 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agricultural products supplier in China, today
About this update from Farmmi, Inc. Ordinary Shares
[{"type":"text","content":"LISHUI, China, Dec. 14, 2022 /PRNewswire/ -- Farmmi, Inc. (\"Farmmi\" or the \"Company\") (NASDAQ: FAMI), an agricultural products supplier in China, today announced its latest high volume order shipping to the Middle East. The repeat multi-product order for the Company's dried Shiitake mushrooms and black fungus comes from one of Farmmi's long-term customers. The customer will export the Shiitake mushrooms to Jordan.\n\n \n \n \n \n \n \n\n \nMs. Yefang Zhang, Farmmi's Chairwoman and CEO, commented: \"We have made significant progress on our long-term business strategy, led by sales growth in our key target markets. Investments we made in our supply chain, sales network and high-quality agriculture products give Farmmi a competitive advantage as we continue to focus on profit expansion and value creation for all shareholders. We are excited by our progress and the extensive long-term opportunities ahead of us in our target markets. We are also excited about the near-term opportunities, which have become even more favorable with the easing of pandemic restrictions. As a result, Farmmi is well positioned for growth and success, with multiple business catalysts helping to accelerate our growth.\"\nAbout Farmmi, Inc.\nEstablished in 1998, Farmmi Inc. (NASDAQ: FAMI) is an agricultural products supplier, processor and retailer of edible mushrooms like Shiitake and Mu Er, as well as other agricultural products. Farmmi sells its products both online and offline. For further information about the Company, please visit Farmmi's website.\nForward-Looking Statements\nNo statement made in this press release should be interpreted as an offer to purchase or sell any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations and intended to qualify for the \"safe harbor\" under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties...