- Amira Nature Foods (ANFI +9.4%) announces a new contract to supply rice to a customer in the Europe, Middle East, and Africa region in the amount of $6M.
- Company expects to recognize the benefit of this contract in the FY20.
- “We are extremely pleased to announce this development, which along with our previously announced customer orders, amounts to over $57mn in revenue. This equates to securing 29% of our forecasted $200mn of FY2020 revenue just 63 days (17%) into the fiscal year”, stated Karan A. Chanana, Amira’s Chairman.