Farmmi increases sales with latest multi-product sales gain

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LISHUI, China, August 4, 2021 / PRNewswire / – Farmmi, Inc. (“Farmmi” or the “Company”) (NASDAQ: FAMI), a supplier of agricultural products in China, announced today that the company’s subsidiary, Zhejiang Forest Food Co., Ltd., has won a multi-product order for export to Israel. This latest sales gain relates to dried whole and sliced ​​shiitake mushrooms and dried black mushroom.

Logo (PRNewsfoto / Farmmi, Inc.)

M / s. Yefang Zhang, President and CEO of Farmmi, said: “We have emerged from a difficult period, ready for growth, customer development and ongoing capacity expansion plans. We are seeing an increase in demand levels in China and around the world, as we position Farmmi for accelerated revenue and profit growth. We are making steady progress and are very satisfied with our success in increasing the revenues of our existing customers, as evidenced by our latest sales, and in attracting new customers looking for high quality agricultural products. As a proven large-scale manufacturer with a strong global brand and supply chain, we have significant competitive advantages and expect growth to accelerate during the year. “

About Farmmi, Inc.

Based in Lishui, Zhejiang, Farmmi, Inc. (NASDAQ: FAMI), is an agricultural products supplier, processor and retailer of Shiitake mushrooms, Mu Er mushrooms, other edible mushrooms, and other agricultural products. For more 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 stuff inside and outside China and the size of the global mushroom market. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections regarding future events and financial trends which, in the opinion of the Company, could affect its financial condition, results of operations and strategy. business and financial needs. Investors can identify these forward-looking statements by using words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “have the”. intention ”,“ plan ”,“ believe ”,“ potential ”,“ continue ”,“ is / are likely to ”or other similar expressions. The Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee that these expectations will prove to be correct, and the Company cautions investors that actual results may differ materially from anticipated results.

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SOURCE Farmmi, Inc.


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