Beijing Tongtech Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2022
October 27, 2022 at 07:04 am EDT
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Beijing Tongtech Co., Ltd. reported earnings results for the nine months ended September 30, 2022. For the nine months, the company reported sales was CNY 296.6 million compared to CNY 392.48 million a year ago. Revenue was CNY 296.6 million compared to CNY 392.48 million a year ago.
Net loss was CNY 180.73 million compared to net income of CNY 38.2 million a year ago. Basic loss per share from continuing operations was CNY 0.3938 compared to basic earnings per share from continuing operations of CNY 0.0841 a year ago.
Beijing Tongtech Co., Ltd. is principally engaged in the research, development and distribution of intermediate products, and the provision of related technology services. The Company is mainly engaged in the provision of basic software, including intermediate products and virtualization software, enterprise mobile information, big data network optimization and government affairs big data, among others. The Company primarily provides application server TongWeb, message intermediate TongLINK/Q, transaction intermediate TongEASY, application integrated intermediate TongIntegrator, general document transfer platform TongGTP and others. The Company also offers development support and product after-sale services. Its products and services are applied in governments, transportation, finance, telecommunication and other industries.
BEIJING TONGTECH CO., LTD. 
