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VANCOUVER, British Columbia, Jan. 25, 2022 (GLOBE NEWSWIRE) — ParcelPal Logistics Inc. (the “Company” or “ParcelPal”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce that for the months of October and November 2021, it had achieved its second consecutive year of back to back operationally profitable months. We also believe December 2021 will be operationally profitable, leading to what we anticipate will be an operationally profitable 4th Quarter. The 4th Quarter of 2020 was the first time the Company had ever achieved an operating profit in a quarter, and we anticipate Q4 2021 will be similarly successful, but with higher revenues and lower costs. We note that these preliminary results are unaudited and subject to a full quarterly financial review, but the point remains the same, the Company is increasing gross revenues with continually improved margins, which is a major positive for any operating company.
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