Inzone Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 08:27 am EDT
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Inzone Group Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 9,212.125 million compared to CNY 9,645.858 million a year ago. Operating income was CNY 110.473 million compared to CNY 74.067 million a year ago. Net income was CNY 48.078 million compared to CNY 36.100 million a year ago. Basic earnings per share from continuing operations was CNY 0.0924 compared to CNY 0.0694 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.