NetworkNewsBreaks – VPR Brands LP (VPRB) Reports

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NetworkNewsBreaks – VPR Brands LP (VPRB) Reports Increased Revenues, Reduced Net Loss

Innovative technology holding company VPR Brands LP (OTC: VPRB) released the results of fiscal operations for first quarter 2019. Among other highlights, the company reported continually increasing revenues and a narrowing net loss. An article discussing the company reads, “VPRB’s revenues grew about 31% year over year to $1.3 million for the quarter, according to the report (http://nnw.fm/Jp09m), continuing the trend reported for the full year in 2018, when revenues grew nearly 28% to $4.6 million (http://nnw.fm/deMB3), and indicating that the company has begun 2019 at a strong pace that could eclipse the prior year if it continues. . . . VPR Brands continues to maintain strong gross operating margins above 40% as well, and the company was pleased to note that its net losses dropped to $138,000 for the quarter in tandem with an increase of its assets and expenses related to advertising and marketing.”

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