Inspur Software Co., Ltd. Provides Earnings Guidance for the First Half of 2019
July 29, 2019
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Inspur Software Co., Ltd. provided earnings guidance for the first half of 2019, According to preliminary statistics of its financial department, the Company predicts that it will suffer a loss in its net profit belonging to shareholders of the listed company in the first half of 2019 compared with the same period of the year before, with the net profit belonging to shareholders of the listed company to be about negative of RMB 33 million, with a decrease of about 215% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about negative of RMB 35 million, with a decrease of about 233% compared with the same period of the year before.
Inspur Software Co Ltd is a China-based company principally engaged in the provision of digital government solutions and services. The Company's main business involves software development and system integration for digital government, tobacco and other industries. The Company's products and services are mainly used in government services, market supervision, civil affairs, education informatization, tobacco informatization and other fields. The Company is also engaged in leasing and other businesses. The Company mainly conducts its businesses in the domestic market.