Hangzhou Cncr-It Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2019
April 25, 2019 at 04:12 pm EDT
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Hangzhou CNCR-IT Co.,Ltd announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 122.499 million compared to CNY 72.054 million a year ago. Operating income was CNY 12.530 million compared to CNY 3.997 million a year ago. Net income was CNY 10.368 million compared to CNY 1.252 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.01 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 
