Shenzhen Ysstech Info-Tech Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 06:30 pm IST
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Shenzhen Ysstech Info-Tech Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 224.21 million compared to CNY 196.79 million a year ago. Revenue was CNY 224.21 million compared to CNY 196.79 million a year ago. Net loss was CNY 36.8 million compared to net income of CNY 183.85 million a year ago. Basic loss per share from continuing operations was CNY 0.049 compared to basic earnings per share from continuing operations of CNY 0.2445 a year ago. Diluted loss per share from continuing operations was CNY 0.049 compared to diluted earnings per share from continuing operations of CNY 0.2445 a year ago.
SHENZHEN YSSTECH INFO-TECH CO., LTD is a China-based provider of integrated information solution software and value-added services. The Company operates in two segments, including Customized Software Development and Distribution, as well as the Service Charge. The Company provides investment transaction management software, fund financial calculating and valuation software, asset management software, capital settlement software, fund asset custody software, financial data center software, investment risk monitoring management software, as well as financial asset risk management and performance evaluation software. Its products are applied in the research, analysis, investment, transaction, risk control, monitoring, settlement, evaluation, performance assessment, trusteeship and data integration of financial industry. The Company mainly operates its business in domestic market.