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RooLife: Receives first sales receipts from sale of Australian wool products in China

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
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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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