Tansun Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 06:45 am EDT
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Tansun Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 916.367 million compared to CNY 712.726 million a year ago. Operating income was CNY 96.911 million compared to CNY 62.651 million a year ago. Net income was CNY 88.299 million compared to CNY 52.796 million a year ago. Basic earnings per share from continuing operations was CNY 0.51 compared to CNY 0.31 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.