Global Infotech Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 29, 2019 at 12:18 pm EDT
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Global Infotech Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 659.756 million compared to CNY 647.300 million a year ago. Operating income was CNY 17.180 million compared to CNY 13.930 million a year ago. Net income was CNY 22.356 million compared to CNY 13.399 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.03 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.