Hangzhou Cncr-It Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 01:13 pm EDT
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Hangzhou CNCR-IT Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 485.834 million compared to CNY 419.793 million a year ago. Operating income was CNY 48.527 million compared to operating loss of CNY 493.610 million a year ago. Net income was CNY 47.106 million compared to net loss of CNY 304.790 million a year ago. Basic earnings per share from continuing operations was CNY 0.21 compared to basic loss per share from continuing operations of CNY 1.32 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 
