QKL Stores Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015
For the nine months, the company net sales were $207,615,214 against $198,809,303 a year ago. Loss from operations was $9,732,359 against $9,335,070 a year ago. Loss before income taxes was $12,952,848 against $12,279,140 a year ago. Net loss was $12,972,535 against $12,300,236 a year ago. Basic and diluted loss per share was $8.52 against $8.08 a year ago. Net cash provided by operating activities was $10,287,432 against $16,875,654 a year ago. Purchases of property, plant and equipment was $742,895 against $3,229,057 a year ago.