Enc Digital Technology Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 09:05 am EDT
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ENC Digital Technology Co. Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 346.944 million compared to CNY 368.284 million a year ago. Operating income was CNY 82.219 million compared to operating loss of CNY 157.747 million a year ago. Net income was CNY 82.922 million compared to net loss of CNY 141.682 million a year ago. Basic earnings per share from continuing operations was CNY 0.169 compared to basic loss per share from continuing operations of CNY 0.281 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.