Global Infotech Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 09:25 am EDT
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Global Infotech Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,758.318 million compared to CNY 1,591.919 million a year ago. Operating income was CNY 141.047 million compared to CNY 113.754 million a year ago. Net income was CNY 133.741 million compared to CNY 104.546 million a year ago. Basic earnings per share from continuing operations was CNY 0.3 compared to CNY 0.23 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.