QKL Stores (QKLS) Reports Q2 Loss of $2.98/Share
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QKL Stores Inc. Announces Second Quarter 2015 Financial Results
August 14, 2015 6:00 AM EDTDAQING, China, Aug. 14, 2015 /PRNewswire/ -- QKL Stores Inc. (the "Company") (Nasdaq: QKLS), a leading regional supermarket chain in Northeastern China and Inner Mongolia, today announced its financial results for the second quarter ended June 30, 2015.
Mr. Zhuangyi Wang, Chairman and CEO, said, "In the second quarter, we were more active with the level of promotional activities among our existing stores opened at least one year in order to strengthen our competitive position. We plan to slow down the pace of our new store openings. Currently, we expect to open... More
