Zjbc Information Technology Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 03:15 pm IST
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ZJBC Information Technology Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,810.904 million compared to CNY 2,333.745 million a year ago. Operating income was CNY 39.235 million compared to CNY 131.080 million a year ago. Net income was CNY 28.591 million compared to CNY 110.969 million a year ago. Basic earnings per share from continuing operations was CNY 0.0306 compared to CNY 0.1187 a year ago.
ZJBC Information Technology Co Ltd, formerly Maoye Communication and Network Co Ltd, is a China-based company principally engaged in information intelligent transmission business and communication network maintenance business. The Company conducts its business through three segments. The Mobile Information Transmission and Related Business segment is mainly responsible for sending triggered text messages such as identity verification, reminder notifications, and information confirmation, including text, picture, or voice format carriers. The Communication Network Maintenance and Related Business segment includes operation management and maintenance support of base stations, lines, broadband access, fixed telephone access and wireless local area networks (WLAN). The Company also engages in mobile Internet software development and application services through the Other segment. The Company operates its business mainly in domestic market.