Amira Nature Foods Ltd Announces New Contract of $6 Million
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 a new contract to supply rice to a customer in the Europe, Middle East, and Africa (“EMEA”) region in the amount of $6 million. 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 development, which along with our previously announced customer orders, amounts to over $57mn in revenue. This equates to securing 29% of our forecasted $200mn of FY2020 revenue just 63 days (17%) 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 Company’s website at www.amira.net. About Amira Nature Foods
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