Inzone Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 06:30 am EDT
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Inzone Group Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 4,948.763 million compared to CNY 6,402.679 million a year ago. Operating loss was CNY 182.709 million compared to operating Income of CNY 113.834 million a year ago. Net loss was CNY 193.769 million compared to net income of CNY 67.841 million a year ago. Basic loss per share from continuing operations was CNY 0.3726 compared to basic earnings per share from continuing operations of CNY 0.1304 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.