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Monday 23 December 2024
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US – DTS8 Coffee achieves 3rd consecutive increase in annual revenue

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MINDEN, Nevada – DTS8 Coffee Company, Ltd  announced on Friday that revenue for the year ending April 2013, increased to $253,790, from $220,421 in 2012, and $43,074 in 2011, representing three consecutive years of revenue growth from sale of roasted gourmet coffee in China. Additional details are contained in the Company’s 10-K filed on August 13, 2013.

Sean Tan, Chairman of DTS8 Coffee Company said that: “We are excited about our continued annual revenue growth. It is a strong endorsement of DTS8 Coffee’s brand and business strategies as a marketer and distributor of fresh artisan roasted gourmet coffee. We are now working on increasing revenue and lowering costs to improve profitability from our overall operations.”

To reduce operational costs and further improve efficiencies, the company has also completed the move of its roasting and packaging operations to Nanxun Town in Huzhou District, Zhejiang Province. DTS8 is the only coffee roaster operating there and was recently granted a new three year QS license.

Nanxun Town is, a strategic location, within a couple of hours drive to Suzhou, Wuxi, Hangzhou, Ningbo, and Anhui province, providing easy access to new coffee sales opportunities and future growth.

DTS8 Coffee Company, Ltd.

(“DTS8”) is a purveyor of gourmet roasted coffee in China. Its subsidiaries DTS8 Coffee (Shanghai) Co., Ltd., (established in June 2008), and DTS8 Coffee (Huzhou) Co. Ltd, (established March 2013), are coffee roasters and wholesalers of the “DTS8 Premium”, “Single Origin Premium”, “Don Manuel”, and “Private Label” brands of roasted coffees in Shanghai and others parts of China.

DTS8 coffees are well regarded by consumers for their uniqueness, consistency and special flavor characteristics. DTS8 coffees are sold through distribution channels that reach consumers at restaurants, multi-location coffee shops and offices.

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