Inzone Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 08:00 am EDT
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Inzone Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 5,411.635 million compared to CNY 12,262.096 million a year ago. Operating loss was CNY 284.602 million compared to operating Income of CNY 152.138 million a year ago. Net loss was CNY 386.021 million compared to net income of CNY 52.812 million a year ago. Basic loss per share from continuing operations was CNY 0.7423 compared to basic earnings per share from continuing operations of CNY 0.1016 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 
