Zzll Information Technology, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 19, 2019 at 12:28 pm EDT
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ZZLL Information Technology, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was USD 41,268 compared to USD 13,813 a year ago. Operating loss was USD 38,551 compared to USD 54,598 a year ago. Net loss was USD 38,180 compared to USD 53,720 a year ago. For the half year, sales was USD 69,729 compared to USD 14,081 a year ago. Operating loss was USD 97,534 compared to operating Income of USD 26,880 a year ago. Net income was USD 131,255 compared to USD 28,770 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. 
