01:37 PM EST - Hello Pal International Inc. : Announced that it achieved over $2,309,889 CAD ( 11,711,138 CNY ) in revenue for the month of February 2021 , making it the third consecutive month the Company has achieved monthly revenue of over $2,000,000. Operating under a CAD/CNY exchange rate of 5.07 as of March 1, 2021 , the monthly revenue of $2,309,889 CAD was the second highest it had achieved to date and was much higher than had been anticipated given the shortened month, as well as traditionally weak revenue from China over the Lunar New Year season when many hosts stop livestreaming for as long as a month. Gross margin for the period was 15%. "What was supposed to have been a very weak month for us revenue-wise has proven to be a nice surprise," said KL Wong, Founder and Chairman of the Company. Hello Pal International Inc.
shares C.HP are trading unchanged at $1.72.
