Rapid Nutrition (RAP: SW) (OTCQB: RPNRF), a natural healthcare company focused on the research, development, and production of a range of life science products, on Monday announced a trading update for the six months ended December 31, 2019. Among other highlights, the company reported that it generated revenues of $1.78 million during the second half of 2019, obtained two significant sales contracts from GNC & Sigma, and increased its global distribution footprint. Rapid Nutrition will publish its half-year report on March 30th, 2020. “The Board believes there are significant opportunities to grow the business organically and through acquisitions. Our focus in FY2020 will be based around these initiatives to generate further growth over the long term. We expect the second half of the year to be disproportionately higher than in previous years given the phasing of our substantially wider distribution network and we remain confident that this will be a year of substantial growth across the business,” Rapid Nutrition CEO Simon St. Ledger stated in the news release.
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About Rapid Nutrition
Rapid Nutrition is a natural healthcare company focused on the research, development, and production of a range of life science products. The company was established based on its successful and proven weight loss supplement range which is exported worldwide and now offers consumers a growing range of health and well-being solutions to meet existing and emerging societal health concerns, as well as a providing a number of wider services to the life sciences industry. For more information, visit the company’s website at http://rnplc.com.
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