Farmmi Bags Follow-On Order For Export To The Middle East

  • Farmmi Inc FAMI has bagged a follow-on high-volume order, which will be shipped to the Middle East. The financial terms were not disclosed.
  • The latest order comes from one of Farmmi's long-term customers and is for the company's dried Shiitake mushrooms.
  • "We are benefiting from an uptick in demand as customers build on their inventories going into year end," said Chairwoman and CEO Yefang Zhang.
  • Farmmi is an agricultural products supplier, processor and retailer of edible mushrooms like Shiitake and Mu Er, as well as other agricultural products.
  • Price Action: FAMI shares are trading higher by 8.97% at $0.6393 on the last check Wednesday.
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