QKL Stores Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company loss from operations was $2,734,161, loss before income taxes was $3,759,032, net loss of $3,762,899, comprehensive loss of $3,741,897 or $2.47 diluted loss per share on net sales of $51,655,611 against loss from operations was $1,826,107, loss before income taxes was $1,790,396, net loss of $1,454,211, comprehensive loss of $1,006,938 or $0.96 diluted loss per share on net sales of $58,995,918 for the same period a year ago. The change in Net Sales were primarily attributable to the same store sales.

For the six months, the company loss from operations was $4,515,595, loss before income taxes was $6,809,610, net loss of $6,819,349, comprehensive loss of $7,551,520 or $4.48 diluted loss per share on net sales of $137,688,287 against loss from operations was $1,029,208, loss before income taxes was $1,097,532, net loss of $1,050,941, comprehensive income of $582,112 or $0.69 diluted loss per share on net sales of $156,053,109 for the same period a year ago. Net cash provided by operating activities was $20,166,816 against $29,458,919 for the same period a year ago. Purchases of property, plant and equipment was $1,603,149 against $538,595 for the same period a year ago.