Inzone Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 09, 2020 at 06:25 am EDT
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Inzone Group Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 12,262.096 million compared to CNY 13,240.330 million a year ago. Operating income was CNY 152.138 million compared to CNY 163.216 million a year ago. Net income was CNY 52.812 million compared to CNY 46.267 million a year ago. Basic earnings per share from continuing operations was CNY 0.1016 compared to CNY 0.089 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.