LISHUI, China, March 9, 2021 /PRNewswire/ -- Farmmi, Inc.
("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture
products supplier in China, today
announced its subsidiary Zhejiang Forest Food Co., Ltd., has
received a follow-on customer order for its popular
dried whole and sliced mushrooms, and dried black
fungus. The customer, a trading company supplying to major
global hotel and supermarket chains, including the STANFORD hotel chain and the H-MART supermarket
chain, will export Farmmi's products to the United Kingdom.
Ms. Yefang Zhang, Farmmi's
Chairwoman and CEO, commented, "We are increasing sales momentum
with each new order, while reinforcing the diversity of our
customer base. The investments we made in strengthening our
supply chain, processing and fulfillment capabilities give us a
powerful, scalable growth platform. The broader healthy
product industry is highly fragmented with significant
opportunities for Farmmi to grow our market share as we deliver
superior products to meet increasing demand. Importantly, we
are unwavering in our focus on driving revenue and profit growth,
while building even greater value for shareholders."
About Farmmi, Inc.
Headquartered in Lishui, Zhejiang, Farmmi, Inc. (NASDAQ: FAMI), is a
leading agricultural products supplier, processor and retailer of
Shiitake mushrooms, Mu Er mushrooms and other edible fungi.
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. 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.