Zzll Information Technology, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
April 16, 2021 at 01:31 am IST
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ZZLL Information Technology, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 4.508 million compared to USD 277,099 a year ago. Operating loss was USD 435,130 compared to USD 93,777 a year ago. Net loss was USD 386,827 compared to net income of USD 452,600 a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.02 a year ago.
ZZLL Information Technology, Inc., formerly Green Standard Technologies, Inc., operates through its subsidiaries, including Olive Oils Direct International, Inc. (OODI), Syndicore Asia Limited (SAL) and Green Standard Technologies Enterprises, Inc. (GSTEI). OODI is a development-stage company that plans to develop and operate a retail Internet Website specializing in gourmet Italian food products. OODI is developing an e-commerce Website, www.OliveOilsDirect.com, to sell products inventoried by OliveOilsDirect.com and products offered by other retailers. SAL is an online media company that syndicates professional sports video in a cloud-based, multimedia conduit for content creators, news outlets and brands. The Company's second line of business is carried out by GSTEI, which is in the medical and recreation marijuana industry.