Business
Farmmi Gains Momentum with United Arab Emirates Order
LISHUI, China, Feb. 22, 2022 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today
About this update from Farmmi, Inc. Ordinary Shares
[{"type":"text","content":"LISHUI, China, Feb. 22, 2022 /PRNewswire/ -- Farmmi, Inc. (\"Farmmi\" or the \"Company\") (NASDAQ: FAMI), an agriculture products supplier in China, today announced the Company's subsidiary Zhejiang Farmmi Biotechnology Co., Ltd., received a new order for its popular dried Shiitake mushrooms. The customer will export these products to Dubai. \n\nMs. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, \"Our sales team is actively working with customers on a daily basis and we are seeing a higher order volume size and increased demand from return and new customers. Customer activity level remains high, which is a welcome rebound from the supply chain complications and shutdowns that impeded market growth during COVID-19. We have done a great job supporting customers during the challenging period, which has helped further cement our long-term relationships.\" \nAbout Farmmi, Inc.\nEstablished in 1998, Farmmi Inc. (NASDAQ: FAMI) is an agricultural products supplier, processor and retailer of Shiitake mushrooms, Mu Er mushrooms, other edible fungi and other agricultural products. In addition to its offline sales, Farmmi sells its products online 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 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 customers' businesses and end purchasers' disposable income, our ability to raise capital on any particular terms, fulfillment of customer orders, fluctuations in earnings, fluctuations in foreign exchange rates, our ability...