Beijing Advanced Digital Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 23, 2020 at 02:06 pm IST
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Beijing Advanced Digital Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 627.659 million compared to CNY 341.877 million a year ago. Operating income was CNY 10.108 million compared to CNY 794,143.8 a year ago. Net income was CNY 9.909 million compared to net loss of CNY 68,075.56 a year ago. Basic earnings per share from continuing operations was CNY 0.0547 compared to basic loss per share from continuing operations of CNY 0.0004 a year ago.
Beijing Advanced Digital Technology Co., Ltd. is a China-based company principally provides Information Technology (IT) solutions and services for commercial banks. The Company operates through three segments. The IT Infrastructure Construction segment provides data center infrastructure solutions, cloud data center construction solutions, enterprise network design and planning and SDN (software definition network) solutions, intelligent network technology consulting services, as well as sales the related IT infrastructure products. The Software Solutions segment provides customized software solutions based on the company's proprietary platform software. The IT Operation and Maintenance Services segment provides basic software and hardware maintenance services, system operation and maintenance services, special operation and maintenance services, system and application software support and maintenance services. The Company mainly operates its businesses in the domestic market.
BEIJING ADVANCED DIGITAL TECHNOLOGY CO., LTD 
