ENC Digital Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:56 pm EDT
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ENC Digital Technology Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 159.791 million compared to CNY 84.177 million a year ago. Operating income was CNY 9.134 million compared to operating loss of CNY 131.876 million a year ago. Net income was CNY 11.758 million compared to net loss of CNY 120.783 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to basic loss per share from continuing operations of CNY 0.24 a year ago.
ENC Digital Technology Co., Ltd, formerly ENC Data Technology Co., Ltd, is a China-based company providing industry cognitive solutions. The Company operates its business through two segments. The Industry Cognitive Solutions segment provides industry customers with industry cognitive solutions that include data collection, governance, mining, analytics and applications through innovative technologies such as artificial intelligence, big data and cloud computing. Specific areas include smart public security, public security big data, smart cities and smart enterprise businesses. The Tourism Business segment operates three routes of Beihai-Weizhou Island, Beihai-Haikou and Penglai-Changdao through its subsidiaries.
ENC DIGITAL TECHNOLOGY CO., LTD 
