WUHAN, China, May 29, 2019 (GLOBE NEWSWIRE) -- SSLJ.com Limited (the "Company") (NASDAQ:YGTY).
Interim report for the six months period ended June 30, 2018
Unless specified otherwise, "$" shall mean U.S. dollars.
THE PERIOD January 1, 2018 – June 30, 2018
| ● | Consolidated revenue amounted to $11,555,277 compared to $7,296,678 in the corresponding period of the previous year | |
| ● | Loss from operations was $7,815,818 compared to $9,186,240 in the corresponding period of the previous year | |
| ● | Net loss amounted to $35,573,449 compared to $9,324,015 in the corresponding period in the fiscal year of 2017 | |
| ● | Loss per share attributable to SSLJ.com Shareholders was $0 compared to $ 0.23 in the corresponding period of the fiscal year of 2017 | |
| ● | Comprehensive loss was $35,227,130 during the six months ended June 30, 2018 compared to $9,353,848 in the corresponding period of the previous year | |
| ● | The Company's primary business operations in Wuhan, China, its headquarters, were ceased due to pending litigation of an affiliate of the Company in China | |
| ● | Existing home decoration and renovation service contracts were transited to other local companies in this industry |
About SSLJ.com Limited
SSLJ.com Limited is in the business of the vertically integrated O2O home decoration services and products in China. The Company provides clients with a convenient, full-service, one-stop solution for its homes' interior decoration and improvement needs by offering consulting, design, construction, and furnishing services as well as modern, high-quality and high-tech products. For more information, please visit www.sslj.com.
Forward-Looking Statements
For more information, please contact:
SSLJ.com Limited
Email: [email protected]
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