Business
Farmmi Builds on Sales Momentum with Latest Order
LISHUI, China, May 9, 2022 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agricultural products supplier in China, announced
About this update from Farmmi, Inc. Ordinary Shares
[{"type":"text","content":"LISHUI, China, May 9, 2022 /PRNewswire/ -- Farmmi, Inc. (\"Farmmi\" or the \"Company\") (NASDAQ: FAMI), an agricultural products supplier in China, announced today it received another new multi-product order for its popular dried Shiitake mushrooms and dried black fungus. This order will be exported to Israel.\n\n \n \n \n \n \n \n\n \nMs. Yefang Zhang, Farmmi's Chairwoman and CEO, commented \"We're pleased with our continued progress as we focus on building sales momentum and driving business growth. Investments to expand our capacity and enhance our manufacturing, storage and logistics give us the ability to leverage our infrastructure to support overall customer and market growth. We expect these positive growth trends will remain in place over the longer term as more and more consumers incorporate healthy agricultural products into their regular diets and lifestyles. We are certainly seeing this based on the high level of customer activity in the markets we serve, where we believe we continue to take market share.\"\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. In addition to its offline sales, Farmmi sells its products direct-to-consumer at http://www.farmmi88.com. For further information about the Company, please visit: http://ir.farmmi.com.cn/.\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 regarding lingering effects of the Covid-19 pandemic on our customer's businesses and our end purchaser's dispos...