Hometown International, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 24, 2021 at 04:52 pm EDT
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Hometown International, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 5,305 compared to USD 3,577 a year ago. Operating loss was USD 173,658 compared to USD 77,362 a year ago. Net loss was USD 170,254 compared to USD 84,691 a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.02 a year ago.
Makamer Holdings, Inc. is a bioplastic technologies company. The Company specializes in the development of hemp-based polymers that are fully composable within four months and leave no trace toxins or microplastics behind. The Companyâs proprietary hemp-based resin was developed in order to provide alternatives to non-compostable food packaging materials on the market. Its resin can be utilized to produce a range of products that would replace polyethylene plastic bags, polypropylene cups, recycled polyethylene terephthalate (rPET) water bottles, and many other products. The Company through its wholly owned subsidiary, Your Hometown Deli, LLC (Your Hometown Deli), operates a delicatessen store that features home-style sandwiches and other entrees in a casual and friendly atmosphere. The store is designed to offer local patrons of all ages with a comfortable community gathering places.
HOMETOWN INTERNATIONAL, INC. 
