ENC Digital Technology Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 19, 2022 at 07:50 am EDT
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ENC Digital Technology Co., Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 936.08 million compared to CNY 1,175.09 million a year ago. Revenue was CNY 936.6 million compared to CNY 1,176.77 million a year ago. Net income was CNY 22.21 million compared to CNY 17.24 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to CNY 0.03 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.