Sunora Foods Third Quarter Sales Update



 

October 31, 2017 / TheNewswire / CALGARY, ALBERTA - Sunora Foods Inc. (the “Corporation”) (TSX-V: SNF) is pleased to announce unaudited, preliminary sales figures for the nine months and third quarter ending September 30, 2017.

 

Nine Months Sales 2017:        $10,016,255

Nine Months Sales 2016:        $8,796,501

 

Third Quarter Sales 2017:        $3,370,406

Third Quarter Sales 2016:        $3,278,801

  

Nine Months 2017 Sales Breakdown

 

Canada                                $750,694

United States                        $7,421,722

Overseas                        $1,843,839

  

Initiation of Sunflower Oil Sales to China

 

In the fourth quarter, Sunora will begin shipping containers of sunflower oil to China, to fulfill orders received in the third quarter.  The shipping of sunflower oil is a new product line in China for Sunora, and provides a new sales channel for future international customers. Sunora continues to evaluate new product lines for distribution in Canada and international locations through its portfolio of global agents.

 

About Sunora Foods

 

Sunora Foods is a Calgary, Alberta based food oil entity trading and supplying canola oil, corn oil, soybean oil, olive oil, and specialty oils in Canada and internationally under the “Sunora”, “Sunera” and numerous private label brands.

For further information, please contact:

Dean Stuart

Investor Relations

T: (403) 617-7609

E: dean@boardmarker.net

 

Steve Bank

Chief Executive Officer and President

T: (403) 247-8300

E: steve.bank@sunora.com

 

Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.