Hangzhou Cncr-It Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2019
August 23, 2019 at 01:35 pm EDT
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Hangzhou CNCR-IT Co.,Ltd announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 237.242 million compared to CNY 151.408 million a year ago. Operating income was CNY 25.327 million compared to CNY 21.483 million a year ago. Net income was CNY 25.008 million compared to CNY 18.872 million a year ago. Basic earnings per share from continuing operations was CNY 0.11 compared to CNY 0.08 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.