Zjbc Information Technology Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 17, 2020 at 05:55 am EDT
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ZJBC Information Technology Co. Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,119.875 million compared to CNY 1,623.250 million a year ago. Operating income was CNY 19.976 million compared to CNY 99.456 million a year ago. Net income was CNY 12.847 million compared to CNY 83.590 million a year ago. Basic earnings per share from continuing operations was CNY 0.0192 compared to CNY 0.125 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.