DGAP-News: Hemp, Inc. / Key word(s): Annual Results
What is Hemp, Inc.? The Leader in Industrial Hemp Releases its 2018 Annual Report with Massive Revenue Increase
Spring Hope, NC - (NewMediaWire) - April 25, 2019 - Hemp, Inc. (OTC PINK: HEMP) today reported financial results for the quarter and full year ending December, 31, 2018. A global leader in the industrial hemp industry with bi-coastal processing centers including the 85,000 square-foot multipurpose industrial hemp processing facility in Spring Hope, North Carolina, a state of the art processing center in Medford, Oregon, and a 500-acre hemp growing Eco-Village in Golden Valley, Arizona, Hemp, Inc. showed over an 1,800% increase in sales from previous year 2017.
Overall, sales increased from $107,002 in 2017 to $1,960,754 in sales for 2018, showing quarter-on-quarter increase for the year of 2018. Sales by quarter for the year were $96,498 for the 1stquarter; $108,100 in sales for the 2ndquarter; and $159,750 sales in for the 3rdquarter, with a remarkable $1,596,406 for the 4thquarter. Operating expenses rose only 72% percent from the previous year. Full-year sales for 2018 of $1,960,754 represent an increase of over 1,800% over the previous year. To read the full article, click here.
25.04.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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