NetworkNewsBreaks – Sustainable Green Team, Ltd.
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Posted On: 08/10/2020 3:03:38 PM
NetworkNewsBreaks – Sustainable Green Team, Ltd. (SGTM) Announces Positive Q2 Results, Including Over $12.3M in Revenue and $3.4M in Gross Profit
Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, today announced another successful quarter, reporting positive numbers for the quarter ending June 30, 2020. According to the update, SGTM recorded $12,382,491 in revenue, $3,458,164 in gross profit and $40,710,954 in total assets, with a strong position of $7,004,807 in cash and liquid investments. “We are very pleased with our performance and direction. The positive recorded numbers were generated prior to achieving IPEMA certification for public surfacing material, which diversified our revenue stream; prior to construction at our Waste Management landfill facility, which further increased mulch manufacturing; and prior to the addition of new grapple hauling trucks to our fleet, which increased efficiency and production,” SGTM’s CEO and Director Tony Raynor said in the news release. “The subsequent events look to lead us to another positive quarter, and we look forward to seeing how it all unfolds.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, today announced another successful quarter, reporting positive numbers for the quarter ending June 30, 2020. According to the update, SGTM recorded $12,382,491 in revenue, $3,458,164 in gross profit and $40,710,954 in total assets, with a strong position of $7,004,807 in cash and liquid investments. “We are very pleased with our performance and direction. The positive recorded numbers were generated prior to achieving IPEMA certification for public surfacing material, which diversified our revenue stream; prior to construction at our Waste Management landfill facility, which further increased mulch manufacturing; and prior to the addition of new grapple hauling trucks to our fleet, which increased efficiency and production,” SGTM’s CEO and Director Tony Raynor said in the news release. “The subsequent events look to lead us to another positive quarter, and we look forward to seeing how it all unfolds.”
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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