$PACV Pacific Ventures Group Announces Company Rec
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Posted On: 04/30/2021 10:49:39 AM
$PACV Pacific Ventures Group Announces Company Record Annual Revenue of $30,741,152 for Full Year 2020
Pacific Ventures Group, Inc. (OTC PINK
ACV) (the "Company"
, a food and beverage holding company specializing in the distribution of consumer food, beverage, and alcohol-related products, is pleased to announce record growth of 519% to annual revenue of $30,741,152 for the year ended December 31, 2020.
The Company expects to file its 2020 Annual Report under Form 10-K by March 31, 2021.
"I am proud of our achievement in reaching Company-record sales in 2020, as we increased sales to essential customers with a successful pivot to new opportunities with Hospitals, Nursing Homes, and Naval Bases, stated Shannon Masjedi, Pacific Venture Group's Chief Executive Officer. "Our revenue for the year ended December 31, 2020 was $30,741,142, an increase of $24,822,805, or 519%, as compared to $5,918,337 for the year ended December 31, 2019. We were able to increase our overall customer base and increase the order size of the current customers. Our successful transition into an expanding customer base along with more and more restaurants continuing to re-open and our two largest customers eventually returning to some normalcy puts us in great position for further growth in 2021 and beyond."
https://finance.yahoo.com/news/pacific-ventur...c=fin-srch
Pacific Ventures Group, Inc. (OTC PINK
ACV) (the "Company" , a food and beverage holding company specializing in the distribution of consumer food, beverage, and alcohol-related products, is pleased to announce record growth of 519% to annual revenue of $30,741,152 for the year ended December 31, 2020. The Company expects to file its 2020 Annual Report under Form 10-K by March 31, 2021.
"I am proud of our achievement in reaching Company-record sales in 2020, as we increased sales to essential customers with a successful pivot to new opportunities with Hospitals, Nursing Homes, and Naval Bases, stated Shannon Masjedi, Pacific Venture Group's Chief Executive Officer. "Our revenue for the year ended December 31, 2020 was $30,741,142, an increase of $24,822,805, or 519%, as compared to $5,918,337 for the year ended December 31, 2019. We were able to increase our overall customer base and increase the order size of the current customers. Our successful transition into an expanding customer base along with more and more restaurants continuing to re-open and our two largest customers eventually returning to some normalcy puts us in great position for further growth in 2021 and beyond."
https://finance.yahoo.com/news/pacific-ventur...c=fin-srch
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