Hangzhou CNCR-IT Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 10:33 am EDT
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Hangzhou CNCR-IT Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 85.998 million compared to CNY 41.003 million a year ago. Operating income was CNY 2.197 million compared to operating loss of CNY 10.740 million a year ago. Net income was CNY 2.563 million compared to net loss of CNY 10.245 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to basic loss per share from continuing operations of CNY 0.05 a year ago.
Hangzhou CNCR-IT Co.,Ltd is a China-based provider of access solutions. The Company mainly operates through two segments, which are Data Access and Data Services. The Data Access segment mainly provides large customer information access systems and radio and television broadband access information systems. The Data Service segment mainly provide value-added services, data mining, acquisition and analysis, broadcasting and control platform operation and application services. The Company distributes its products mainly in domestic market.
HANGZHOU CNCR-IT CO.,LTD 
