Innovative technology holding company VPR Brands LP (OTC: VPRB) this morning announced its 2018
full-year financial results. According to the update, the company increased its
full-year revenues to approximately $4.6 million while reversing its operating
loss of over $888,000 into positive territory above $9,000. In addition, the
company’s full-year 2018 gross operating margins of 41 percent reflected a
nearly 20 percent increase from 2017. “We have all tirelessly worked to build a
strong foundation and prove we are capable of maintaining consistent and
sustainable growth and still be mindful of financial performance,” VPR Brands
CEO Kevin Frija stated in the news release. “I want to thank Dan Hoff and our
whole team for all the hard work and for being part of our continued success.”
To view the full press release, visit http://ibn.fm/MaBZd
About VPR Brands, LP
VPR Brands is a technology company whose assets include
issued U.S. and Chinese patents for atomization-related products including
technology for medical marijuana vaporizers and electronic cigarette products
and components. The company is also engaged in product development for the
vapor or vaping market, including e-liquids. Vaporizers and electronic
cigarettes (also known as e-cigarettes) are devices that deliver nicotine and
or cannabis through atomization or vaping, and without smoke and other chemical
constituents typically found in traditional products. For more information,
visit the company’s website at www.VPRBrands.com.
NOTE TO INVESTORS: The latest news and updates
relating to VPRB are available in the company’s newsroom at http://ibn.fm/VPRB
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