News Column

DTS8 Coffee Reports a 22% Annual Revenue Increase

August 14, 2014



SHANGHAI--(BUSINESS WIRE)-- DTS8 Coffee Company, Ltd.(OTCBB:BKCT; BERLIN:9BE) announced that for the year ended April 30, 2014, its revenue increased by 22% to $310,003, compared to $253,790 for the year ended April 30, 2013. Cost of sales were $184,225 and $211,457, respectively, and the gross margins for the years ended April 30, 2014 and 2013 were $125,778 (41% of sales) and $42,333 (17% of sales). The operating expenses were $2,433,941 and $658,204, and losses for the years ended April 30, 2014 and 2013 were $2,308,163 and $1,115,911, respectively. Further details are contained in the filed annual report on Form 10-K.

Mr. Sean Tan, CEO of DTS8, said: “We have achieved a fourth consecutive year over year sales increase. Our gradual revenue growth based on sale of quality coffee to date bodes well for our future in the China coffee market.”

DTS8 Coffee Company, Ltd. (“DTS8”) is a purveyor of gourmet-roasted coffee in 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.




DTS8 Coffee Company, Ltd.

Peter Baxter, 775-360-3031

Investor Relations

info@dts8coffee.com

Source: DTS8 Coffee Company, Ltd.


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