Cashway Fintech Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 04:33 am EDT
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Cashway Fintech Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 626.637 million compared to CNY 519.293 million a year ago. Operating income was CNY 20.457 million compared to operating loss of CNY 30.708 million a year ago. Net income was CNY 11.823 million compared to net loss of CNY 28.751 million a year ago. Basic earnings per share from continuing operations was CNY 0.0295 compared to basic loss per share from continuing operations of CNY 0.0718 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.
CASHWAY FINTECH CO.,LTD. 
