Beijing Sinnet Technology Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 16, 2020 at 06:14 am EDT
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Beijing Sinnet Technology Co. Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 7,097.172 million compared to CNY 6,023.164 million a year ago. Operating income was CNY 916.926 million compared to CNY 785.486 million a year ago. Net income was CNY 824.590 million compared to CNY 667.452 million a year ago. Basic earnings per share from continuing operations was CNY 0.54 compared to CNY 0.46 a year ago.
Beijing Sinnet Technology Co Ltd is a China-based company principally engaged in the provision of data center and cloud computing services. The Company's main businesses include Internet Data Center Services (IDC) and value-added services, cloud computing services, Internet Broadband Access Services (ISP) and other comprehensive Internet services, such as data center planning and construction management services, operation management services, and Cloud computing service platform. The Company also provides system integration services, including Internet integration solutions, enterprise resource planning (ERP) solutions, and carrier-grade operational services for specific industries. The Company mainly conducts its businesses in the domestic market.