Global Infotech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 15, 2021 at 02:57 pm IST
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Global Infotech Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 816.314 million compared to CNY 216.203 million a year ago. Operating income was CNY 16.320 million compared to operating loss of CNY 6.616 million a year ago. Net income was CNY 16.513 million compared to net loss of CNY 3.289 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to basic loss per share from continuing operations of CNY 0.01 a year ago.
GLOBAL INFOTECH CO., LTD. is a China-based provider of financial information software products and integrated services. The Company mainly provides information technology (IT) solutions, IT operation services and system integrated services to financial enterprises, such as banks, insurance companies and security companies. Its IT solution software includes Core Banking System, Credit Management System and Customer Relationship Management (CRM) System, among others. Its IT solution services include IT services related to IT solution software, such as consulting, implementation, operation, management, supporting and training. The Company mainly operates its business in domestic market.