Zzll Information Technology, Inc. Reports Earnings Results for the Full Year Ended December 31, 2018
April 16, 2019 at 12:11 pm
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ZZLL Information Technology, Inc. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was USD 91,019 compared to USD 5,353 a year ago. Operating loss was USD 121,823 compared to USD 955,534 a year ago. Net loss was USD 120,806 compared to USD 924,556 a year ago. Basic earnings per share from continuing operations was USD 0.006 compared to USD 0.1835 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.