Granite Falls Energy Llc's Corporate Customers have recorded a rise in their cost of revenue by 21.07 % in the 3 quarter 2022 year on year, sequentially costs of revenue grew by 11.6 %. During the corresponding time, Granite Falls Energy Llc recorded a revenue increase by 16.24 % year on year, sequentially revenue grew by 4.27 %. While revenue at the Granite Falls Energy Llc's corporate clients recorded rose by 23.47 % year on year, sequentially revenue grew by 8.79 %.
Granite Falls Energy Llc's Customers have recorded a rise in their cost of revenue by 21.07 % in the 3 quarter 2022 year on year, sequentially costs of revenue grew by 11.6 %, for the same period Granite Falls Energy Llc recorded revenue increase by 16.24 % year on year, sequentially revenue grew by 4.27 %.
Granite Falls Energy Llc's Comment on Sales, Marketing and Customers
As discussed above, we have exclusive ethanol marketing agreements with Eco-Energy.
Additionally, we have agreements with RPMG and Gavilon to market all of the distillers’
grains produced at GFE’s plant and HLBE’s plant, respectively and
with RPMG to market all of the corn oil produced at our plants. We rely on Eco-Energy,
RPMG and Gavilon for the sale and distribution of all of our products; therefore,
we are highly dependent on Eco-Energy, RPMG and Gavilon for the successful marketing
of our products.
Granite Falls Energy Llc’s Comment on Sales, Marketing and Customers
As discussed above, we have exclusive ethanol marketing agreements with Eco-Energy.
Additionally, we have agreements with RPMG and Gavilon to market all of the distillers’
grains produced at GFE’s plant and HLBE’s plant, respectively and
with RPMG to market all of the corn oil produced at our plants. We rely on Eco-Energy,
RPMG and Gavilon for the sale and distribution of all of our products; therefore,
we are highly dependent on Eco-Energy, RPMG and Gavilon for the successful marketing
of our products.
Sources:
Granite Falls Energy Llc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Granite Falls Energy Llc’s corporate clients.
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