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HIRU CORPORATION - 3rd Quarter Revenue Results
HIRU CORPORATION - 3rd Quarter Revenue Results.
About this update from Hiru Corp.
[{"type":"text","content":"\n\n\n\nHIRU CORPORATION - 3rd Quarter Revenue Results\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nHIRU CORPORATION - 3rd Quarter Revenue Results\nPR Newswire\nPHOENIX, Nov. 12, 2021\n\n\n\nPHOENIX, Nov. 12, 2021 /PRNewswire/ -- Hiru Corporation (OTC Markets: HIRU), a Georgia corporation, would like to announce 3rd quarter ended revenues of over $250,000 USD as predicted in its August 2021 projections and a significant increase in our asset base as shown on our current balance sheet.\nThe Company had previously announced it would produce top line revenue in excess of $250,000 USD for 3rd quarter ended September 30, 2021; and $1,000,000 USD for 4th quarter ended December 31, 2021. The Company met its mark and fully expects this trend will continue off into the foreseeable future.\nMs. Kathryn Gavin (President and CEO of the Company), states…\" We met our revenue target despite not having full use of the new facility until the middle of the 3rd quarter. At the current time, based upon revenue producing activity during the month of October 2021, we feel that we will beat our predicted 4th quarter predictions and have top line revenue in excess of $1,000,000 USD. During the current quarter, the Company's new facility is in now full operation allowing us to produce a larger amounts of client product than ever before over our previous capabilities with our cost per unit dropping precipitously.\"\nAgain, the Company anticipates that each proceeding quarter in FYE 2022 will show top line revenue growth well into the foreseeable future. Again, the Company expects top line revenue for FYE 2022 to be between $5,000,000 USD and $10,000,000 USD. The Company anticipates having to start the build out its fourth facility during the current quarter to meet anticipated increased customer orders in the first quarter of 2022. This facility which will have the same automated bottling machinery as the 3rd buildout which is producing the revenues you see from the current income statement.\nMs. Gavin further stated…\" We fully expect to be required to build several new...