Cashway Fintech Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 27, 2020 at 03:06 pm EDT
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Cashway Fintech Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,016.369 million compared to CNY 974.612 million a year ago. Operating loss was CNY 53.930 million compared to operating Income of CNY 80.886 million a year ago. Net loss was CNY 38.941 million compared to net income of CNY 80.066 million a year ago. Basic loss per share from continuing operations was CNY 0.1 compared to basic earnings per share from continuing operations of CNY 0.2 a year ago.
Cashway Fintech Co., Ltd., formerly Cashway Technology Co., Ltd., is a China-based company principally engaged in the provision of intelligent bank solutions that are mainly focused on financial self-service equipment. The Company operates through two main segments. The Main Business segment is primarily involved in research, development and sales of cash self-service machines, non-cash self-service machines and components, as well as the provision of equipment maintaining, outsourcing, software and technology development services. The Other Business segment is primarily engaged in the sales of electric power telecommunication equipment and rental housing.