- 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.
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