Integrated pharmaceutical logistical services company Trxade Group (OTCQB: TRXD) recently reported record revenues for first quarter 2019 (http://ibn.fm/3NJq6). An article discussing the company reads, “TRXD reported Q1 2019 sales of $1.5 million, as compared to $852,923 in revenues for the same period of the previous year. Operating income grew in Q1 2019 to $171,759 from $98,728 in Q1 2018. Net income reached $125,229 for Q1 2019, as compared to $82,269 for the same period of the previous year. . . . ‘Our 2019 fiscal year is off to a record start and in line with our primary objective of expanding our membership base while simultaneously focusing on increasing their utilization rates,’ Trxade Group chairman and CEO Suren Ajjarapu stated in a news release. ‘At the end of the first quarter, we reported record platform subscribers and transactional revenue along with higher net and operating profits for the same period.’”
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About Trxade Group, Inc.
Headquartered in Tampa, Florida, Trxade Group is an integrated pharmaceutical logistical services company that combines a web-based purchasing platform for transactions between independent pharmacists and drug manufacturers, E-Hub with a mail order pharmacy, warehouse and drug delivery services for consumers nationwide. The company has over 10,250 registered independent pharmacies on the web-based market platform, which enables the pharmacies to quickly and cost effectively source and purchase pharmaceuticals, accessories and services from a wide range of manufacturers and drug distributors. For more information, visit the company’s website at www.TrxadeGroup.com.
NOTE TO INVESTORS: The latest news and updates relating to TRXD are available in the company’s newsroom at http://ibn.fm/TRXD
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