Naturally Splendid Enterprises Ltd.: Naturally Splendid Reports First Quarter Results for 2021
( Naturally Splendid , NSE or the Company ) (FRANKFURT:50N)(TSXV:NSP)(OTC PINK
:NSPDF
) announces its unaudited financial results for the three months ended March 31, 2021. All amounts are in Canadian dollars and are prepared in accordance with International Financial Reporting Standards.
Naturally Splendid recorded a net loss and comprehensive loss of $743,636 for the three months ended March 31, 2021, compared to a net loss of $1,320,761 during the three months ended March 31, 2020. The decrease in net loss and comprehensive loss was attributed to the decrease in selling and distribution expenses. Revenues decreased by 5% over the same period last year and gross profit margins decreased to 13% of sales. The Company s sales decreased by approximately $467,000 from the comparative period. During the three-month period ended March 31, 2021, selling and distribution expense decreased b
1
The latest market research report provides an in-depth analysis of the Global Hemp-based Foods Market 2021-2028 by Data Bridge Market Research. Hemp-based Foods market includes overview and deep study of factors which are considered to have greater influence over excellent market opportunities into the specific markets. This market report encompasses a market data that provides a detailed analysis of the Hemp-based Foods industry and its impact based on market size, market share, different dynamics of the industry types, applications and different geographical regions. Additionally, this market report also gives a detailed overview about product specification, technology, investment, forecast, market of the product. An expert team along with project managers serve the clients on every strategic aspect including product development, key areas of development, application modelling, use of technologies, the acquisition strategies, exploring niche growth opportunities and production
/PRNewswire/ The "Hemp Seeds Market Global Forecast By Product, Application, Regions, Company Analysis" report has been added to ResearchAndMarkets.com s.
Naturally Splendid appoints CANEX Foods as master distributor for NATERA Plant Based Foods in Canada
The move to deepen ties between both companies will help Naturally Splendid reduce operating costs while increasing services and margins CANEX has placed an initial purchase order of 14 pallets of NATERA Plant Based Foods to begin servicing its clientele
Naturally Splendid Enterprises Ltd (CVE:NSP) (OTCPINK:NSPDF) (FRA:50N) has appointed CANEX Foods as master distributor for NATERA Plant Based Foods in Canada.
Previously, CANEX Foods was a distributor of NATERA. But by naming the company master distributor, Naturally Splendid said it benefits in a multitude of ways, resulting in an overall reduction in operating costs while increasing services and margins.