VPRB - NetworkNewsBreaks - VPR Brands LP (VPRB) Reports Increased Revenues Reduced Net Loss
Innovative technology holding company VPR Brands LP (OTC: VPRB) released the results of fiscal operations for first quarter 2019. Among other highlights, the company reported continually increasing revenues and a narrowing net loss. An article discussing the company reads, “VPRB’s revenues grew about 31% year over year to $1.3 million for the quarter, according to the report (http://nnw.fm/Jp09m), continuing the trend reported for the full year in 2018, when revenues grew nearly 28% to $4.6 million (http://nnw.fm/deMB3), and indicating that the company has begun 2019 at a strong pace that could eclipse the prior year if it continues. . . . VPR Brands continues to maintain strong gross operating margins above 40% as well, and the company was pleased to note that its net losses dropped to $138,000 for the quarter in tandem with an increase of its assets and expenses related to advertising and marketing.”
To view the full article, visit: http://nnw.fm/Bsv7P
About VPR Brands, LP
VPR Brands is a technology company whose assets include issued U.S. and Chinese patents for atomization-related products including technology for medical marijuana vaporizers and electronic cigarette products and components. The company is also engaged in product development for the vapor or vaping market including e-liquids. Vaporizers and electronic cigarettes (also known as e-cigarettes) are devices that deliver nicotine and/or cannabis through atomization or vaping, and without smoke and other chemical constituents typically found in traditional products. For more information, visit the company’s website at www.VPRBrands.com.
NOTE TO INVESTORS: The latest news and updates relating to VPRB are available in the company’s newsroom at http://nnw.fm/VPRB
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