Exxe Group Inc (AXXA)

[wiseowal]

Agribusiness to prosper from demand.

"In particular, our agribusiness has become one of the most critical business lines in our entire company due to regional and local demand for our integrated production, logistics and distribution services, given the current pandemic. Other industry units are also performing ahead of expectations. For example, Mein Motors (our e-commerce-based car parts company) is on track to generate 30% revenue growth this period driven by general automotive repair demand which is replacing auto purchasing. Our digital platforms segment is also set to thrive in the current distributed corporate environment and we plan to expand our reach here, going forward, as business and broad applications are conducted remotely by companies of all sizes. Almost across the board, the Exxe Group business lines have forged ahead as activity has generally not been slowed or halted as is the case with other industries and other companies.