Innovative technology holding company VPR Brands LP (OTC: VPRB) recently posted financial
results for the first quarter 2019, highlighting increased revenues and a
reduced net loss as compared to 2018. A recent article discussing the company
reads, “In addition to increasing its quarterly revenues approximately 31% year-over-year
to $1.3 million, the company slightly lowered its net loss, from approximately
$149,000 in 2018 to approximately $138,000 in 2019. The company continues to
maintain strong gross operating margins above 40% as well. ‘[This year] 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 added (http://ibn.fm/ptvgv).
. . . ‘I am very pleased with the increased sales performance we achieved in
the first quarter of 2019 as we continue to fine tune our operational
efficiencies,’ Dan Hoff, COO of VPR Brands LP, stated. He commented on the
success of cannabis vapes and CBD products as being integral to the company’s
continued growth, as VPR Brands maintains a product portfolio heavily weighted
toward these products.”
To view the full article, visit http://ibn.fm/2W52k
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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