Farmmi's Subsidiary Wins Multi-Product Order For US Export

by Shivani Kumaresan, Benzinga Staff Writer

August 11, 2021 11:52 AM | 1 min read | Make a Comment

Agriculture products supplier Farmmi Inc's FAMI subsidiary Zhejiang Forest Food Co Ltd has won a multi-product order from a long-term customer for undisclosed financial terms.
The order is for the Zhejiang-based Farmmi's dried whole and sliced mushrooms and dried black fungus. The customer will export the products to the U.S.
"Investments we have made in our manufacturing and logistics give us a significant competitive advantage and add confidence to our optimistic business outlook," said Chairwoman and CEO Yefang Zhang.
Price Action: FAMI shares are trading lower by 0.56% at $0.43 on the last check Wednesday.

Posted In: News Penny Stocks Contracts Briefs

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.