Benzinga | Mar 9, 2021 09:16AM EST

Farmmi Receives Follow-On Mushroom Order For Export To UK; Financial Details Not Disclosed

LISHUI, China, March 9, 2021 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ:FAMI), an agriculture products supplier in China, today announced its subsidiary Zhejiang Forest Food Co., Ltd., has received a follow-on customer order for its popular dried whole and sliced mushrooms, and dried black fungus. The customer, a trading company supplying to major global hotel and supermarket chains, including the STANFORD hotel chain and the H-MART supermarket chain, will export Farmmi's products to the United Kingdom.

Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "We are increasing sales momentum with each new order, while reinforcing the diversity of our customer base. The investments we made in strengthening our supply chain, processing and fulfillment capabilities give us a powerful, scalable growth platform. The broader healthy product industry is highly fragmented with significant opportunities for Farmmi to grow our market share as we deliver superior products to meet increasing demand. Importantly, we are unwavering in our focus on driving revenue and profit growth, while building even greater value for shareholders."