Inspur Software Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 04:35 pm EDT
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Inspur Software Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 352.59 million compared to CNY 243.53 million a year ago. Revenue was CNY 352.59 million compared to CNY 243.53 million a year ago. Net income was CNY 0.637371 million compared to net loss of CNY 8.28 million a year ago. Basic earnings per share from continuing operations was CNY 0.002 compared to basic loss per share from continuing operations of CNY 0.026 a year ago. Diluted earnings per share from continuing operations was CNY 0.002 compared to diluted loss per share from continuing operations of CNY 0.026 a year ago.
Inspur Software Co Ltd is a Chinese company mainly engaged in local electronic government business. The Company mainly provides information services such as system integration for local governments and industrial customers. The Company uses advanced technologies such as cloud computing, big data, and artificial intelligence to improve industrial solutions and create overall smart government solutions. The Company's products include the 'Smart Approval Platform' based on standardized sorting of matters, the 'One Network Unified Management Platform' for Inspur City Operations, and the automation capability platform 'EasyDO' based on RPA+AI technology. The Company operates its business in domestic market.