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Farmmi Shipping High-Volume Order of Healthy Dried Mushroom Slices to Customer for Sale in England

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Farmmi, Inc. (NASDAQ: FAMI), a leading supplier of agricultural products in China, announced a new high-volume order for dried mushroom slices from a long-term customer in Southampton, England. This order follows previous successful deliveries, reinforcing Farmmi's position in the mushroom market.

CEO Yefang Zhang emphasized the importance of repeat orders, showcasing the company's capability to handle significant domestic and international demand. Established in 1998, Farmmi specializes in various edible mushrooms and sells both online and offline. The company's performance may be influenced by market risks, including changes in customer demand and economic conditions.

Positive
  • New high-volume order for dried mushroom slices received from a long-term customer.
  • Successful previous deliveries to the same customer enhance credibility.
  • CEO emphasizes Farmmi's ability to support high-volume orders domestically and internationally.
Negative
  • Potential risks related to economic conditions and customer demand fluctuations.

LISHUI, China, April 6, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agricultural products supplier in China, today announced a new high-volume order. The latest order for dried mushroom slices is from one of the Company's long-term customers for sale in Southampton, England, following successful delivery of prior high-volume mushroom orders to the same customer.

Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented: "Repeat orders, like this latest win, underscore Farmmi's position as a leading provider of healthy, high-quality mushrooms and agricultural products, capable of supporting high-volume domestic and international orders. We are proud to be supporting this long-term customer as it expands its sales in London, an important international market for us."

About Farmmi, Inc.

Established in 1998, Farmmi Inc. (NASDAQ: FAMI) is an agricultural products supplier, processor and retailer of edible mushrooms like Shiitake and Mu Er, as well as other agricultural products. Farmmi sells its products both online and offline. For further information about the Company, please visit Farmmi's website.

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 and 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 our 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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/farmmi-shipping-high-volume-order-of-healthy-dried-mushroom-slices-to-customer-for-sale-in-england-301791372.html

SOURCE Farmmi, Inc.

FAQ

What is the recent announcement made by Farmmi (FAMI)?

Farmmi announced a new high-volume order for dried mushroom slices from a long-term customer for sale in Southampton, England.

Who commented on the significance of the new order for Farmmi (FAMI)?

CEO Yefang Zhang commented on the importance of repeat orders and the company's capability to handle high-volume domestic and international orders.

What products does Farmmi (FAMI) specialize in?

Farmmi specializes in edible mushrooms, including Shiitake and Mu Er, and other agricultural products.

When was Farmmi (FAMI) established?

Farmmi was established in 1998.

Where does Farmmi (FAMI) sell its products?

Farmmi sells its products both online and offline.

Farmmi, Inc.

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