Coffee Holding Co. (JVA) Gains 20% Following Year-End Results
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Coffee Holding Co., Inc. Reports Year End Results
January 29, 2019 9:01 AM ESTYear End Results
STATEN ISLAND, New York, Jan. 29, 2019 (GLOBE NEWSWIRE) -- Coffee Holding Co., Inc. (Nasdaq: JVA) (the Company) today announced its operating results for the fiscal year ended October 31, 2018:
The Company had income of $2,038,938 before income taxes and non-controlling interest in subsidiary for the fiscal year ended October 31, 2018 compared to income of $976,936 for the fiscal year ended October 31, 2017, resulting in a net change of $1,062,002 for the year ended October 31, 2018. The increase was primarily attributable to the reasons described below.
Net sales totaled $90,655,294 for the... More
