ZZLL Information Technology, Inc. Reports Earnings Results for the First quarter Ended March 31, 2021
May 24, 2021 at 06:33 am EDT
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ZZLL Information Technology, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 380,376 compared to USD 150,388 a year ago. Operating income was USD 125,697 compared to USD 43,328 a year ago. Net income was USD 115,136 compared to USD 128,449 a year ago. Basic earnings per share from continuing operations was USD 0.0057 compared to USD 0.0064 a year ago. Diluted earnings per share from continuing operations was USD 0.006 compared to USD 0.006 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.
ZZLL INFORMATION TECHNOLOGY, INC. 
