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China Commercial Credit Inc  (CCCR)
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EARNINGS REPORT by CSIMarket

Recorded Loss,


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Provisions for loan losses hurt company's earnings in the first quarter 2017 eps drops to $-0.08



For the first quarter 2017 China Commercial Credit Inc lost money at $-0.08 per share, compare to results of $-0.19 per share a year ago quarter, In the previous quarter company realized $2.05 per share.

from $44 millions in preceding quarter, eps fell from $2.05 per share.

In the first quarter 2017 China Commercial Credit Inc reported net loss of $-1 million, instead of deficit of $-2 millions in the same quarter a year ago.

In the periodn0 China Commercial Credit Inc was forced to increase it's loan and lease reserve, by raising it's provision for loan losses $1 millions.
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