Beijing United Information Technology Co.,Ltd. Provides Earnings Guidance for the First Half of 2020
July 14, 2020
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Beijing United Information Technology Co.,Ltd. provided earnings guidance for the first half of 2020. For the period, the company predicts the net profit owned by shareholders of the listed company to be between RMB 111 million and RMB 114 million, with an increase of between RMB 46 million and RMB 49 Million and an increase of between 70.76% and 75.38% compared with the same period the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 102 million and RMB 104.1 million with an increase of between RMB 38.5 million and RMB 40.66 million and an increase of between 60.68% and 64.09% compared with the same period of the year before.
Beijing United Information Technology Co Ltd is a China-based company principally engaged in the business-to-business (B2B) e-commerce and industrial Internet platform business. The Company operates four segments. The Online Commodity Trading segment is mainly engaged in raw material industrial e-commerce business and provides software as a service (SaaS) such as cloud enterprise resource planning (ERP), electronic contracts, online payment, smart logistics, digital factory, and industrial Internet. The Business Information Services segment mainly provides business information, marketing and promotion services, exhibitions, industry information and data products, and advertising services. The Internet Technology Services segment mainly provides digital cloud application services and digital supply chain, digital factory and industrial Internet platform services. The Company also operates Other segment.