First Foods Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 23, 2022 at 05:16 pm EDT
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First Foods Group, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 0.000348 million compared to USD 0.026313 million a year ago. Revenue was USD 0.014805 million compared to USD 0.042338 million a year ago. Net loss was USD 0.479952 million compared to USD 0.471473 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.02 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. 
