RooLife Receives first sales receipts from sale of Australian wool products in China
- RooLife Group (RLG) receives its first sale receipts on its sales of wool garments into China
- The company received cash receipts of sales of just over $310,000 in February, from sales of Merino & Co’s products
- It expects sales from Merino & Co to provide strong sales growth overall for the company during this quarter
- The product launch and the sales achieved were executed in cooperation with RLG strategic investor, China Cross Border Trading Group
- Shares closed 7.14 per cent lower today at 1.3 cents each
