NetworkNewsBreaks – VPR Brands LP (VPRB) Release
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Posted On: 05/21/2019 3:45:48 PM
NetworkNewsBreaks – VPR Brands LP (VPRB) Releases Q1 2019 Financial Results
Innovative technology holding company VPR Brands LP (OTC: VPRB) on Monday announced its first quarter 2019 financial results. According to the update, VPR Brands increased its quarterly revenues approximately 31% year over year to $1.3 million, slightly lowered its net loss from approximately $149,000 in 2018 to approximately $138,000 in 2019 and continues to maintain above 40% gross operating margins. “2019 is off to a solid start so far and we are setting the company’s pace which will allow us to remain focused on sustainable manageable growth,” VPR Brands CEO Kevin Frija said in the news release. “We continue to invest in inventory and new products to be able to keep up with increased demand.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Innovative technology holding company VPR Brands LP (OTC: VPRB) on Monday announced its first quarter 2019 financial results. According to the update, VPR Brands increased its quarterly revenues approximately 31% year over year to $1.3 million, slightly lowered its net loss from approximately $149,000 in 2018 to approximately $138,000 in 2019 and continues to maintain above 40% gross operating margins. “2019 is off to a solid start so far and we are setting the company’s pace which will allow us to remain focused on sustainable manageable growth,” VPR Brands CEO Kevin Frija said in the news release. “We continue to invest in inventory and new products to be able to keep up with increased demand.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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