Global Infotech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 05:51 am EDT
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Global Infotech Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 218.88 million compared to CNY 816.31 million a year ago. Revenue was CNY 218.88 million compared to CNY 816.31 million a year ago. Net income was CNY 1.96 million compared to CNY 16.51 million a year ago. Basic earnings per share from continuing operations was CNY 0.0044 compared to CNY 0.04 a year ago. Diluted earnings per share from continuing operations was CNY 0.0044 compared to CNY 0.04 a year ago.
GLOBAL INFOTECH CO., LTD. is a China-based provider of financial information software products and integrated services. The Company mainly provides information technology (IT) solutions, IT operation services and system integrated services to financial enterprises, such as banks, insurance companies and security companies. Its IT solution software includes Core Banking System, Credit Management System and Customer Relationship Management (CRM) System, among others. Its IT solution services include IT services related to IT solution software, such as consulting, implementation, operation, management, supporting and training. The Company mainly operates its business in domestic market.