Inzone Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 08:30 pm IST
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Inzone Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,665.405 million compared to CNY 1,308.155 million a year ago. Operating income was CNY 44.957 million compared to operating loss of CNY 132.179 million a year ago. Net income was CNY 32.983 million compared to net loss of CNY 110.179 million a year ago. Basic earnings per share from continuing operations was CNY 0.0634 compared to basic loss per share from continuing operations of CNY 0.2119 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.