Hangzhou CNCR-IT Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 07:01 am EDT
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Hangzhou CNCR-IT Co.,Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 457.49 million compared to CNY 395.37 million a year ago. Revenue was CNY 486.94 million compared to CNY 407.75 million a year ago. Net income was CNY 78.85 million compared to net loss of CNY 368.59 million a year ago. Basic earnings per share from continuing operations was CNY 0.37 compared to basic loss per share from continuing operations of CNY 1.69 a year ago. Diluted earnings per share from continuing operations was CNY 0.37 compared to diluted loss per share from continuing operations of CNY 1.69 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.