Shanghai Athub Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 11:43 am EDT
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Shanghai AtHub Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 174.182 million compared to CNY 190.821 million a year ago. Operating income was CNY 35.454 million compared to CNY 43.026 million a year ago. Net income was CNY 29.317 million compared to CNY 35.987 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.17 a year ago.
Shanghai AtHub Co Ltd is a China-based company that provides data center construction and services. The Company's Internet Data Center (IDC) service business is mainly engaged in data center server hosting services and data center value-added services, including planning consulting, design consulting, operation management outsourcing, acceptance verification and other services. The Company's IDC solution business mainly provides product portfolio services, including design and planning consulting, data center overall solution business, data center transformation business, and third-party custody services. The Company's cloud service sales business is mainly engaged in the sales of cloud services and products. The Company distributes its products within the domestic market.