LISHUI, China, Aug. 4, 2021 /PRNewswire/ -- Farmmi, Inc.
("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products
supplier in China, today announced
the Company's subsidiary Zhejiang Forest Food Co., Ltd. won a
multi-product order for export to Israel. This latest sales
win is for dried whole and sliced Shiitake mushrooms, and dried
black fungus.
Ms. Yefang Zhang, Farmmi's
Chairwoman and CEO, commented, "We have emerged from a challenging
period ready for growth, customer development and ongoing capacity
expansion plans. We are seeing increased demand levels in
China and worldwide, as we
position Farmmi for accelerated revenue and profit growth. We are
making steady progress and are very pleased with our success in
growing revenue at existing customers, as evidenced with our latest
sales win, and in attracting new customers seeking high-quality
agricultural products. As a proven large-scale manufacturer
with a strong global brand and supply chain, we have considerable
competitive advantages and expect an uptick in growth as we move
through the year."
About Farmmi, Inc.
Headquartered in Lishui, Zhejiang, 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. For further information about the Company,
please visit: http://ir.farmmi.com.cn/.
Forward-Looking Statements
This announcement contains forward-looking statements within the
meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements other than statements
of historical fact in this announcement are forward-looking
statements, including the potential impact of COVID-19 on our
business within and outside of China and the size of the worldwide mushroom
market. These forward-looking statements involve known and unknown
risks and uncertainties and are based on current expectations and
projections about future events and financial trends that the
Company believes may affect its financial condition, results of
operations, business strategy and financial needs. Investors can
identify these forward-looking statements by words or phrases such
as "may," "will," "expect," "anticipate," "aim," "estimate,"
"intend," "plan," "believe," "potential," "continue," "is/are
likely to" or other similar expressions. The Company undertakes no
obligation to update forward-looking statements to reflect
subsequent occurring events or circumstances, or changes in its
expectations, except as may be required by law. Although the
Company believes that the expectations expressed in these
forward-looking statements are reasonable, it cannot assure you
that such expectations will turn out to be correct, and the Company
cautions investors that actual results may differ materially from
the anticipated results.
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SOURCE Farmmi, Inc.