Tansun Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 08:40 am EDT
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Tansun Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 392.195 million compared to CNY 212.340 million a year ago. Operating income was CNY 13.224 million compared to operating loss of CNY 24.123 million a year ago. Net income was CNY 11.823 million compared to net loss of CNY 21.838 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to basic loss per share from continuing operations of CNY 0.13 a year ago.
Tansun Technology Co Ltd is a China-based company that provides Internet technology (IT) solutions for banks and other financial institutions. The Company focuses on bank-related system construction, including asset, risk management, credit card and retail finance, operation management and other business areas. It provides technology development, technical services, consulting services and system integration services, such as the construction of integrated credit platforms, credit card core systems, comprehensive risk management platform, etc., the provision of testing service and operation and maintenance services, consulting suggestions and solutions services and integrated design services. The Company mainly conducts its businesses in the China market.