Global Infotech Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 07:14 am EDT
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Global Infotech Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,893.658 million compared to CNY 1,758.318 million a year ago. Operating loss was CNY 665.668 million compared to operating Income of CNY 141.047 million a year ago. Net loss was CNY 671.247 million compared to net income of CNY 133.741 million a year ago. Basic loss per share from continuing operations was CNY 1.5 compared to basic earnings per share from continuing operations of CNY 0.3 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.
GLOBAL INFOTECH CO., LTD. 
