Zjbc Information Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 06:53 am EDT
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ZJBC Information Technology Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 588.189 million compared to CNY 490.699 million a year ago. Operating income was CNY 20.142 million compared to operating loss of CNY 25.160 million a year ago. Net income was CNY 15.359 million compared to net loss of CNY 22.767 million a year ago. Basic earnings per share from continuing operations was CNY 0.0164 compared to basic loss per share from continuing operations of CNY 0.0243 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.