Welcome to our dedicated page for Hiru news (Ticker: HIRU), a resource for investors and traders seeking the latest updates and insights on Hiru stock.
Hiru Corp (HIRU) is a diversified mining and holding company focused on copper exploration, strategic asset integration, and global resource development. This page aggregates all official news releases and corporate updates, providing investors with a centralized source for tracking operational milestones, financial disclosures, and strategic initiatives.
Access timely updates on earnings reports, mining concession developments, and leadership changes, including progress on flagship projects like the Balfour Copper Project in Tasmania. The curated feed includes press releases on acquisitions, partnership agreements, and corporate governance updates essential for assessing the company's market position.
Bookmark this page to stay informed about Hiru Corp's operational expansions, financial strategies, and industry-specific developments. Regularly updated content ensures stakeholders maintain a current understanding of the company's progress in resource extraction and portfolio diversification.
Hiru Corporation (HIRU) announced a significant multi-million-dollar co-packing agreement with VOSS Water on March 24, 2023. This partnership will focus on VOSS's operations in the Western United States, utilizing Hiru's manufacturing facilities in Glendale, Arizona, and Denman, California. The agreement covers various bottle types, including cylindrical glass, aluminum, and PET for still and sparkling water. According to CEO Kathryn Gavin, this collaboration is set to enhance revenue and is seen as a natural progression in meeting high demand from large clients. The company also emphasizes its growing manufacturing capabilities in servicing national brands.
Hiru Corporation reported a significant financial performance for the fiscal year ending December 31, 2022. For Q4 2022, the company generated gross revenues of
Hiru Corporation (OTC Markets: HIRU) reported robust financial results for the 3rd quarter of 2022, achieving gross revenues of $3,128,424 USD and net income of $1,251,370 USD, marking an 11.1% increase in revenue compared to the 2nd quarter. For the first nine months, total revenues reached $7,816,295 USD with a 45.91% profit margin. The company forecasts gross revenues of $40,000,000 USD for 2023. Additionally, a PCAOB qualified auditor will be engaged to prepare audited financial statements for the fiscal year ending December 31, 2022.
Hiru Corporation (OTC Markets: HIRU) has successfully begun production and shipping from its new Roseville, California manufacturing facility as of October 24, 2022. The facility will supply major clients, including Walmart, Kroger's, and Albertson's. The company is also enhancing production capabilities with upgrades to additional bottling lines aimed at fulfilling orders for CVS and Walgreens. Hiru anticipates a significant increase in revenue from these retail partnerships, underlining its commitment to meeting operational targets and expanding its manufacturing reach.
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