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