FinTechFunding

RLF Agtech: Secures $1.2m forward annual sales contracts

RLF Agtech Secures $1.2m forward annual sales contracts

  • RLF AgTech (RLF) confirms an 80 per cent increase in sales contracts from two long-standing customers as demand for its plant nutrition products continues
  • The company secured $1.2 million in forward annual sales contracts for the 2023 financial year
  • The contracts are from Sichuan Davofeng and Hainan Kangxifeng who are long-standing Chinese customers
  • RLF’s plant nutrition products from these repeat orders are being used in both grains and tropical fruits
  • On market close for the day, RLF is up 2.7 per cent, trading at 19 cents per share
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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