DTS8 Coffee Company, Ltd. (OTCQB:BKCT) (BERLIN:9BE), announced today
that revenues for the three months ended July 31, 2015, were $99,051, as
compared to $88,063 for the same 2014 quarter. The increase, of
approximately 12.5%, is attributable to an increase in sales volume to
existing and new wholesale customers. Revenue growth is consistent with
our well-established trend of year-over-year revenue growth.
Mr. Thomas, CEO of DTS8, said, “We are pleased with the current pace
of revenue growth from our operations. Our primary objective for the
future is to continue the increase in the volume of coffees sold and
accelerate the rate of revenue growth.”
Further to the press release issued on September 10, 2015, DTS8 has
received expressions of interest from several coffee roasting companies
which management will further investigate.
Mr. Thomas added that “We are excited by the interest received, and I
will be following up and meeting, as necessary, with the interested
companies to evaluate the synergistic benefits to DTS8 from potential
acquisition of interested parties.”
DTS8 Coffee Company, Ltd. (“DTS8”) is a leading purveyor of fresh,
artisan roasted, and gourmet coffee in Shanghai, China. DTS8 roasts,
markets and wholesales its “DTS8 Premium,” “Single Origin Premium,” “Don
Manuel,” and “Private Label” brands in Shanghai and other cities in
China. DTS8 coffees are well regarded by consumers for their uniqueness,
consistency and special flavor characteristics, and are sold through
distribution channels reaching consumers at restaurants, multi-location
coffee shops and offices. Visit us at www.dts8coffee.com.
Except for the historical matters contained herein, statements in this
press release contain “forward-looking statements” within the meaning of
the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. Investors are cautioned that forward-looking statements
involve risks and uncertainties, which may affect DTS8’s current and
future business and prospects. Actual results could differ materially,
as a result of various risk factors including but not limited to: (1)
competition in the markets for DTS8’s coffee; (2) the ability of DTS8 to
execute its business plan; and (3) other factors detailed in DTS8’s
public filings with the SEC. By making these forward-looking statements,
DTS8 can give no assurances that transactions described in this press
release will be successfully completed, and undertakes no obligation to
update these statements for revisions or changes after the date of this
press release. This release should be read in conjunction with DTS8’s
Annual Report on Form 10-K and its other filings with the SEC through
the date of this release, which identify important factors that could
affect the forward-looking statements in this release. In addition,
factors that could cause actual results to differ materially from those
contemplated in the statements include, without limitation, overall
economic conditions, and other risks associated generally with the
coffee business. These forward-looking statements are not guarantees of
future performance.
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