Flexible Solutions International (FSI) shares were up nearly 42% in recent trading Thursday after saying it entered a five-year contract to manufacture food-grade products for a US-based company.
The non-exclusive contract will renew for up to five years automatically unless any of the parties issues a non-renewal notice, the company said. The identity of the client was not disclosed.
The company projected annual revenue ranging from $15 million to $30 million or above from the contract.
Flexible Solutions makes biodegradable polymers.
Price: 5.23, Change: +1.54, Percent Change: +41.84
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。