Amira Nature Foods Ltd Announces $9 Million of Contracts
AMIRA NATURE FOODS (ANFI)
US:NYSE Investor Relations:
amira.net/investor
Company Research
Source: Business Wire
DUBAI, United Arab Emirates--(BUSINESS WIRE)-- Amira Nature Foods Ltd (the "Company") (NYSE: ANFI), a global provider of packaged Indian specialty rice, today announced that it entered into contracts, which consist of approximately $9 million in revenue, to supply rice and institutional products to new customers in the Europe, Middle East, and Africa (“EMEA”) and Asia regions. The Company expects to recognize the benefit of this contract in the 2020 fiscal year ending March 31, 2020. “We are extremely pleased to announce this order, which along with our previously announced customer order of $42mn, amounts to over $51mn. This equates to securing 26% of our forecasted $200mn of FY2020 revenue just 52 days (14%) into the fiscal year”, stated Karan A. Chanana, Amira’s Chairman. Further information on the Company, including an updated investor presentation and other information, can be found on the C
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