Richinfo Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 05:45 am EDT
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Richinfo Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 284.44 million compared to CNY 152.1 million a year ago. Revenue was CNY 284.44 million compared to CNY 152.1 million a year ago. Net income was CNY 41.67 million compared to CNY 21.22 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.05 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.05 a year ago.
Richinfo Technology Co., Ltd. is a China-based Internet technology and service providers. The Company is mainly engaged in software development and sales as well as provides the related technical services. The Company mainly provides the services based on the mail system, cloud storage, collaborative office, big data platform and applications, electronic channel construction and operation support, digital marketing and other products as well as Internet application platform construction and operation support services for large and medium-sized enterprises and government departments. The Company mainly operates its business in the domestic market.