Hangzhou Cncr-It Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2018
April 19, 2019 at 02:18 pm EDT
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Hangzhou CNCR-IT Co.,Ltd announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 419.793 million compared to CNY 450.200 million a year ago. Operating loss was CNY 493.610 million compared to operating Income of CNY 32.627 million a year ago. Net loss was CNY 304.790 million compared to net income of CNY 77.897 million a year ago. Basic loss per share from continuing operations was CNY 1.32 compared to basic earnings per share from continuing operations of CNY 0.34 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 
