First Foods Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 20, 2023 at 03:07 pm EST
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First Foods Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 0.000513 million compared to USD 0.014185 million a year ago. Net loss was USD 0.181144 million compared to USD 0.294717 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
For the nine months, sales was USD 0.000539 million compared to USD 0.001188 million a year ago. Revenue was USD 0.005363 million compared to USD 0.092896 million a year ago. Net loss was USD 0.609959 million compared to USD 1.01 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.04 a year ago.
First Foods Group, Inc. is focused on developing its specialty chocolate product line through its Holy Cacao subsidiary, participating in merchant cash advances (MCAs) through its Foods Funding Division. Holy Cacao is engaged in producing, packaging, distributing and selling specialty chocolate products, including specialty chocolate products infused with a hemp-based ingredient. Holy Cacao holds four trademarks for the brands, The Edibles Cult, Purely Irresistible, Mystere and Southeast Edibles. The Company has developed approximately 23 recipes for its specialty chocolate product line. It markets its specialty chocolate product line on a full-time basis through multiple distribution and sales agreements, as well as through multiple industry-specific trade shows, through its on-line Website presence, and through its ongoing collaboration with a diverse team of industry consultants who specialize in media relations, public relations, and investor relations.
FIRST FOODS GROUP, INC. 
