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Last $2.46 USD
Change Today -0.01 / -0.40%
Volume 16.7K
QKLS On Other Exchanges
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

qkl stores inc (QKLS) Snapshot

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02/6/15 - $4.19
52 Week Low
12/10/14 - $1.43
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qkl stores inc (QKLS) Details

QKL Stores Inc., together with its subsidiaries, operates a supermarket chain in northeastern China and Inner Mongolia. Its supermarkets and hypermarkets sell grocery items, such as instant foods, canned foods, packaged rice and wheat powder, and crackers and chips, rice and ground wheat, bottled water and beverages, and cigarettes, as well as non-food items, including cleaning products, cosmetics, and disposable razors. The company also sells fresh-food items comprising raw meat, cooked meats, seafood, noodles and pastas, milk, yogurt, eggs, and packaged dumplings, as well as bakery items, including breads, buns, and other self-prepared foods. In addition, it offers other non-food items, such as clothing and shoes, books and stationery, bedding and home furnishings, office supplies, toys, sporting goods, and other items, as well as electronics and household use items comprising irons, electric shavers, hair dryers, and massage machines. As of March 31, 2014, the company operated 27 supermarkets, 16 hypermarkets, 4 department stores, and 2 distribution centers in Daqing and Harbin. QKL Stores Inc. is headquartered in Daqing, the People’s Republic of China.

5,353 Employees
Last Reported Date: 04/15/15

qkl stores inc (QKLS) Top Compensated Officers

Founder, Chairman, Chief Executive Officer, C...
Total Annual Compensation: $77.4K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $96.8K
Compensation as of Fiscal Year 2013.

qkl stores inc (QKLS) Key Developments

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.

QKL Stores Inc. to Report Q4, 2014 Results on Apr 15, 2015

QKL Stores Inc. announced that they will report Q4, 2014 results at 8:30 AM, US Eastern Standard Time on Apr 15, 2015

QKL Stores Inc., Q4 2014 Earnings Call, Apr 15, 2015

QKL Stores Inc., Q4 2014 Earnings Call, Apr 15, 2015


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