Eastern Communications Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 04:45 am EDT
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Eastern Communications Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 456.182 million compared to CNY 473.228 million a year ago. Operating income was CNY 2.485 million compared to CNY 15.624 million a year ago. Net income was CNY 3.845 million compared to CNY 14.213 million a year ago. Basic earnings per share from continuing operations was CNY 0.003061 compared to CNY 0.011316 a year ago.
EASTERN COMMUNICATIONS CO., LTD is a China-based company principally engaged in communication electronic businesses. The Companyâs main businesses include enterprise network and information security business based on private network communications, intelligent self-service equipment based on financial electronics and integrated services and operations based on information and communication technology services. Its products include financial electronics products, personal communication products, mobile communication products and others. The Company operates businesses in domestic and overseas markets.