China Jo-Jo Drugstores, Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2019
February 14, 2020 at 09:03 am EST
China Jo-Jo Drugstores, Inc. announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was USD 33.363 million compared to USD 30.916 million a year ago. Operating income was USD 552,912 compared to operating loss of USD 2.125 million a year ago. Net income was USD 531,782 compared to net loss of USD 1.678 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to basic loss per share from continuing operations of USD 0.06 a year ago.
For the nine months, sales was USD 86.997 million compared to USD 81.098 million a year ago. Operating loss was USD 3.822 million compared to USD 4.332 million a year ago. Net loss was USD 2.828 million compared to USD 3.911 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.14 a year ago.