Shanghai Amarsoft Information & Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 23, 2020 at 10:24 am EDT
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Shanghai Amarsoft Information & Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 77.317 million compared to CNY 95.390 million a year ago. Operating loss was CNY 2.163 million compared to CNY 726,106.44 a year ago. Net income was CNY 909,114.9 compared to CNY 2.967 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to CNY 0.02 a year ago.
Shanghai Amarsoft Information & Technology Co., Ltd is engaged in the provision of integrated information technology (IT) solutions, including software development, implementation and maintenance, business consulting and related services. The Companyâs products and services consist of credit management systems, including corporate credit granting management systems, small business credit granting management systems, personal loan management systems, interbank credit granting management systems, quota management systems, collateral management systems and others; risk management systems, including risk analysis and early warning systems, internal rating systems and financial analysis systems; data warehouse and business intelligence systems, including foundation platforms building, reporting systems and customer analysis, as well as other management systems and system integration products. It distributes its products within domestic market.
SHANGHAI AMARSOFT INFORMATION & TECHNOLOGY CO.,LTD 
