Farmmi Wins Additional Multi-Product Sales Win; Exporting to Israel
Farmmi, Inc. (NASDAQ: FAMI) announced that its subsidiary, Zhejiang Forest Food Co., Ltd., secured a new multi-product order for export to Israel. This order includes dried whole and sliced Shiitake mushrooms, as well as dried black fungus. CEO Yefang Zhang highlighted strong demand in both traditional and new markets, while emphasizing the company’s robust financial position and commitment to increasing shareholder value.
- Secured a multi-product order for export to Israel, expanding market presence.
- Increased demand for products in traditional markets like China.
- None.
LISHUI, China, Sept. 27, 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 an additional 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 continue to execute on our business, and drive growth at existing and new customers. We are benefitting from robust demand in traditional geographies, including China, while developing new markets, including Israel. At the same time, we are leveraging our strengthened competitive and financial position to lay the groundwork for our future success, as we prioritize building increased value for shareholders."
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.
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