Qiming Information Technology Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 23, 2020 at 08:47 am EDT
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Qiming Information Technology Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 964.761 million compared to CNY 789.066 million a year ago. Operating income was CNY 100.203 million compared to CNY 53.106 million a year ago. Net income was CNY 88.465 million compared to CNY 41.938 million a year ago. Basic earnings per share from continuing operations was CNY 0.2165 compared to CNY 0.1027 a year ago.
Qiming Information Technology Co.,Ltd is a China-based company principally engaged in the research, development, manufacture and service provision of automobile management software and electronic products. The Company operates its business through four segments. Management Software segment is mainly engaged in the development, application integration and management consulting of management software for automotive industry. Automotive Electronics segment is involved in the research, development and manufacture of automotive electronic products and the provision of system matching and value-added services. Integrated Service segment provides network engineering, computer room engineering, building intelligent engineering, (information technology) IT consulting services and professional technical training services. Data Center segment provides data backup and disaster recovery services, IT operation and maintenance services, information security services and cloud platform services.