Xylitol Canada announces that it has released its financial and operating results for the three months ended 31 March, 2014.
For the three months ended March 31, 2014, sales increased by 97% to $2,170,624, compared to the three months ended March 31, 2013.
For the three months ended March 31, 2014, gross profit increased by 33% to $498,665, compared to the three months ended March 31, 2013.
The company continues to expand its customer base and to achieve significant quarter over quarter revenue growth. The growth is attributed to increased availability in many major grocery chains and Natural grocers throughout North America of the Xyla brand of North American xylitol and Xyla products.
The company continues to raise awareness of its Xyla North American brand of xylitol and Xyla products, which are all sweetened with the highest quality Xyla xylitol. The company's products do not use any artificial sweeteners and are all sugar free or no added sugar without forfeiting flavor or taste.
The company also recently launched its North American made xylitol oral care line.
