QKL Stores Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net sales of $92,557,686 against $86,032,676 a year ago. Loss from operations was $3,581,305 against $1,781,434 a year ago.

Loss before income taxes was $4,575,078 against $3,050,579 a year ago. Net loss was $4,583,173 or $3.01 per basic and diluted share against $3,056,451 or $2.01 per basic and diluted share a year ago. Net cash provided by operating activities was $23,560,371 against $17,999,337 a year ago.

Purchases of property, plant and equipment was $1,341,384. The improvement of operating cash flows in the first quarter due to a reduction in inventory after the peak Chinese New Year season and a decrease in other receivables attributable to cash recovery from vendors after the busy holiday season.