Wangsu Science & Technology Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 08:24 am EDT
Share
Wangsu Science & Technology Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 3,250.18 million compared to CNY 4,455.02 million a year ago. Revenue was CNY 3,250.18 million compared to CNY 4,455.02 million a year ago. Net income was CNY 141.25 million compared to CNY 208.08 million a year ago. Basic earnings per share from continuing operations was CNY 0.0579 compared to CNY 0.0854 a year ago. Diluted earnings per share from continuing operations was CNY 0.0577 compared to CNY 0.0849 a year ago.
Wangsu Science & Technology Co., Ltd. specializes in telecommunication services for telecom operators, internet service providers, video game and software publishers. Net sales break down by activity as follows:
- development of digital content distribution solutions and services (90.7%): publishing of content (videos, music, catalogs, software, files, etc.) through the Content Delivery Network (CDN). The group also offers website acceleration, security and optimization services;
- web hosting and cloud computing services (9%);
- other (0.3%): software development, sales of telecommunication equipment, etc.
China accounts for 67.6% of the net sales.
WANGSU SCIENCE & TECHNOLOGY CO.,LTD. 
