Inzone Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 07:14 am EDT
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Inzone Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 2,480.902 million compared to CNY 3,612.638 million a year ago. Operating loss was CNY 132.179 million compared to operating Income of CNY 94.782 million a year ago. Net loss was CNY 110.179 million compared to net income of CNY 69.529 million a year ago. Basic loss per share from continuing operations was CNY 0.2119 compared to basic earnings per share from continuing operations of CNY 0.1337 a year ago.
INZONE GROUP CO.,LTD is a China-based company principally engaged in commodity retailing business. The Company operates its business through department stores, general merchandise supermarkets and shopping malls. The Company has retail stores in 13 cities in Shandong province and in Shijiazhuang, Baoding and Zhangjiakou in Hebei province in China. The Company is also engaged in real estate development business through its subsidiaries, Qingdao Silver Plaza Investment Development Co., Ltd. and Shandong Silver Plaza Property Co., Ltd.
INZONE GROUP CO.,LTD 
