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

by Shivani Kumaresan, Benzinga Staff Writer

October 26, 2022 1:58 PM | 1 min read |

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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