Food Revolution Group Ltd. (AU:OJC) has released an update.
Food Revolution Group Ltd. reports a 9.4% revenue increase to $15m in Q3 despite fruit shortages and cost increases impacting profitability. The company is adapting its business model by diversifying product range and securing more fruit under contract to mitigate future supply issues. Original Juice Co. and Juice Lab brands continue to see high demand, with expectations of improved fruit supply and balance in Q4.
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