Zzll Information Technology, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 04:31 pm EDT
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ZZLL Information Technology, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 19.739 million compared to USD 52,754 a year ago. Operating income was USD 42,132 compared to operating loss of USD 200,704 a year ago. Net income was USD 42,217 compared to net loss of USD 214,187 a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.01 a year ago. For the half year, sales was USD 20.119 million compared to USD 203,142 a year ago. Operating income was USD 167,828 compared to operating loss of USD 157,376 a year ago. Net income was USD 157,358 compared to net loss of USD 85,738 a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0 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. 
