The Woodlands / TX. (rbt) RiceBran Technologies, a global leader in the development and production of critical nutritional and functional ingredients derived from small and ancient grains for the healthy food, nutraceutical, pet care and animal feed markets, announced financial results for the first quarter ended March 31, 2021.
«The first quarter’s results demonstrate the initial success of shifting our focus to high value-add ingredients,» said RiceBran’s Executive Chairman Peter Bradley. «We are aligned with healthy living trends and believe there is a large unmet opportunity for our products across a wide range of applications. We are leaning into this opportunity with a revitalized sales team and plans to introduce new products and expand SRB and derivative production before year-end. These initiatives should support higher quarterly revenue growth, the transition to sustainable profitability, and generating significant returns for our shareholders.»
For additional information please refer to the company’s news release (PDF | 650 KB):20210501-RICEBRAN-Q1-2021