Cashway Fintech Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 03:14 pm IST
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Cashway Fintech Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 441.745 million compared to CNY 305.199 million a year ago. Operating income was CNY 27.576 million compared to CNY 2.475 million a year ago. Net income was CNY 20.604 million compared to CNY 572,589.28 a year ago. Basic earnings per share from continuing operations was CNY 0.0515 compared to CNY 0.0014 a year ago.
Cashway Fintech Co., Ltd., formerly Cashway Technology Co., Ltd., is a China-based company principally engaged in the provision of intelligent bank solutions that are mainly focused on financial self-service equipment. The Company operates through two main segments. The Main Business segment is primarily involved in research, development and sales of cash self-service machines, non-cash self-service machines and components, as well as the provision of equipment maintaining, outsourcing, software and technology development services. The Other Business segment is primarily engaged in the sales of electric power telecommunication equipment and rental housing.