Farmmi Receives Repeat International Order
Farmmi, Inc. (NASDAQ: FAMI), a supplier of agricultural products in China, announced a repeat order from a customer for its dried Shiitake mushrooms, which will be exported to Jordan. CEO Yefang Zhang highlighted the company's commitment to meeting global demand for high-quality agricultural products. Established in 1998, Farmmi specializes in Shiitake mushrooms and other edible fungi, with sales conducted both offline and online. This new order reflects the company's ongoing success in international markets.
- Repeat international order for dried Shiitake mushrooms from a customer.
- Strengthening market position with high-quality agricultural products.
- Risks related to the lingering effects of the Covid-19 pandemic on customer businesses.
- Foreign exchange fluctuations may impact profitability.
LISHUI, China, Feb. 16, 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 another repeat customer's order for its popular dried Shiitake mushrooms. The customer will export these products to Jordan.
Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "Farmmi continues to do a great job supporting our customers worldwide. We are well positioned to fulfill our customers' demand for high quality agricultural products. So, whether you are incorporating tasty, nutritious and healthy mushrooms into a plant-based diet or just love mushrooms for their delicious taste and versatility – we are committed to exceeding our customers' expectations."
About Farmmi, Inc.
Established 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/.
Forward-Looking Statements
No 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 to manage growth, our ability to realize revenue from expanded operation and acquired assets in China, our ability to attract and retain skilled professionals, client concentration, industry segment concentration, and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings. These filings are available at www.sec.gov. Farmmi may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. In addition, please note that any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this press release. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
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SOURCE Farmmi, Inc.
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