Cashway Fintech Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 27, 2021 at 05:07 am EDT
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Cashway Fintech Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 923.743 million compared to CNY 1,021.328 million a year ago. Operating income was CNY 54.621 million compared to operating loss of CNY 55.665 million a year ago. Net income was CNY 32.432 million compared to net loss of CNY 40.543 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to basic loss per share from continuing operations of CNY 0.1 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.