Innovative technology holding company VPR Brands LP (OTC: VPRB) on Monday announced its
first quarter 2019 financial results. According to the update, VPR Brands
increased its quarterly revenues approximately 31% year over year to $1.3
million, slightly lowered its net loss from approximately $149,000 in 2018 to
approximately $138,000 in 2019 and continues to maintain above 40% gross
operating margins. “2019 is off to a solid start so far and we are setting the
company’s pace which will allow us to remain focused on sustainable manageable
growth,” VPR Brands CEO Kevin Frija said in the news release. “We continue to
invest in inventory and new products to be able to keep up with increased
demand.”
To view the full press release, visit http://ibn.fm/oTyXR
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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