Beijing Sinnet Technology Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 03:49 am EDT
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Beijing Sinnet Technology Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 5,721.501 million compared to CNY 5,381.524 million a year ago. Operating income was CNY 762.030 million compared to CNY 698.774 million a year ago. Net income was CNY 681.758 million compared to CNY 611.290 million a year ago. Basic earnings per share from continuing operations was CNY 0.44 compared to CNY 0.4 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.