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Last $1.84 USD
Change Today +0.02 / 1.10%
Volume 4.2K
QKLS On Other Exchanges
Symbol
Exchange
NASDAQ CM
Stuttgart
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

qkl stores inc (QKLS) Key Developments

QKL Stores Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

QKL Stores Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net sales of $92,557,686 against $86,032,676 a year ago. Loss from operations was $3,581,305 against $1,781,434 a year ago. Loss before income taxes was $4,575,078 against $3,050,579 a year ago. Net loss was $4,583,173 or $3.01 per basic and diluted share against $3,056,451 or $2.01 per basic and diluted share a year ago. Net cash provided by operating activities was $23,560,371 against $17,999,337 a year ago. Purchases of property, plant and equipment was $1,341,384. The improvement of operating cash flows in the first quarter due to a reduction in inventory after the peak Chinese New Year season and a decrease in other receivables attributable to cash recovery from vendors after the busy holiday season.

QKL Stores Inc. to Report Q1, 2015 Results on May 15, 2015

QKL Stores Inc. announced that they will report Q1, 2015 results at 8:30 AM, US Eastern Standard Time on May 15, 2015

QKL Stores Inc., Q1 2015 Earnings Call, May 15, 2015

QKL Stores Inc., Q1 2015 Earnings Call, May 15, 2015

QKL Stores Inc., Annual General Meeting, Jun 26, 2015

QKL Stores Inc., Annual General Meeting, Jun 26, 2015., at 10:00 China Standard Time. Location: No. 4, Nan Re Yuan Street. Agenda: To consider the election of five directors; to ratify the appointment of Albert Wong & Co. LLP, as the Company’s independent accountants, for the fiscal year ending December 31, 2015; and to conduct an advisory vote to approve the compensation paid to named executive officers of the company.

QKL Stores Inc. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

QKL Stores Inc. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the year, the company reported net sales of $274,636,920 compared to $282,790,433 a year ago. Loss from operations was $21,182,526 compared to $8,871,048 a year ago. Loss before income tax was $24,996,064 compared to $9,816,140 a year ago. Net loss was $26,961,829 or $17.71 per diluted share compared to $14,297,812 or $9.41 per diluted share a year ago. Net cash used in operating activities was $15,757,527 compared to $14,744,479 a year ago. Purchases of property, plant and equipment were $4,230,820 compared to $598,043 a year ago. The change in Net Sales were primarily attributable to comparable stores are stores that were opened for at least one year before the beginning of the comparison period, or by January 1, 2013. For the quarter, revenue increased by 12.3% to $75.8 million from $67.5 million in the fourth quarter of 2013. Net loss was $14.7 million in the fourth quarter of 2014 compared with net loss of $11.6 million in the fourth quarter of 2013.

 

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