DTS8 Coffee Revenue Increases in 2nd Quarter

SHANGHAI--()--DTS8 Coffee Company, Ltd. (OTCQB:BKCT) (BERLIN:9BE) announced today that revenue from its fresh, artisan roasted coffee grew by 22%, for the six months ended October 31, 2014 when compared to October 31, 2013. Revenue increased to $173,839 compared to $142,235 which is consistent with growth experienced for the year ended April 30, 2014. Cost of sales were $109,350 and $86,989, respectively; gross profits for the six months ended October 31, 2014 and 2013, were $64,489 (37% of sales) and $55,246 (39% of sales). Losses for the six months ended October 31, 2014 and 2013 were $439,471 and $158,513, respectively. Further details are contained in the quarterly report filed on Form 10-Q.

“We continue to achieve consecutive quarter over quarter revenue increases and remain fully committed to the fresh, artisan roasted, gourmet coffee marketing strategy which is providing a platform for continued future revenue growth in the growing Chinese coffee market.”

Mr. Sean Tan, DTS8 CEO, commented, “We continue to achieve consecutive quarter over quarter revenue increases and remain fully committed to the fresh, artisan roasted, gourmet coffee marketing strategy which is providing a platform for continued future revenue growth in the growing Chinese coffee market.”

Mr. Tan, added that “During the past six months, DTS8 obtained a license to use the Federación Nacional de Cafeteros del Colombia/Colombian Coffee Growers Federation’s (FNC) triangular logo representing Juan Valdez® and his mule ‘Conchita’ to identify the Don Manuel brand as ‘100% Colombian coffee’ in China. In October, DTS8’s JV partner for the Don Manuel brand opened its first café in the Bund area of Shanghai. ‘Café de la DON MANUEL’ coffee café is located at 150 East Jing Ling Road, Shanghai. The Don Manuel ‘100% Colombian coffee’ sold in the café is exclusively roasted by DTS8.”

DTS8 Coffee Company, Ltd. (“DTS8”) is a leading purveyor of fresh roasted, gourmet coffee in Shanghai, China. DTS8 roasts, markets and wholesales the “DTS8 Premium,” “Single Origin Premium,” “Don Manuel,” and “Private Label” brands in Shanghai and others areas of China. DTS8 coffees are well regarded by consumers for their uniqueness, consistency and special flavor characteristics, and are sold through distribution channels reaching consumers at restaurants, multi-location coffee shops and offices. Visit us at www.dts8coffee.com.

Except for the historical matters contained herein, statements in this press release contain “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements involve risks and uncertainties, which may affect DTS8’s current and future business and prospects. Actual results could differ materially, as a result of various risk factors including but not limited to: (1) competition in the markets for DTS8’s coffee; (2) the ability of DTS8 to execute its business plan; and (3) other factors detailed in DTS8’s public filings with the SEC. By making these forward-looking statements, DTS8 can give no assurances that transactions described in this press release will be successfully completed, and undertakes no obligation to update these statements for revisions or changes after the date of this press release. This release should be read in conjunction with DTS8’s Annual Report on Form 10-K and its other filings with the SEC through the date of this release, which identifies important factors that could affect the forward-looking statements in this release. In addition, factors that could cause actual results to differ materially from those contemplated in the statements include, without limitation, overall economic conditions, and other risks associated generally with the coffee business. These forward-looking statements are not guarantees of future performance.

Contacts

DTS8 Coffee Company, Ltd. (USA)
Peter Baxter, 775-360-3031
Investor Relations
info@dts8coffee.com

Release Summary

DTS8 Coffee Company 6 month revenue increased by 22%

DTS8 Coffee Company, Ltd.