ENC Digital Technology Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 10:13 am
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ENC Digital Technology Co., Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 440.47 million compared to CNY 616.91 million a year ago. Revenue was CNY 440.47 million compared to CNY 616.91 million a year ago. Net income was CNY 58.7 million compared to net loss of CNY 160.3 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to basic loss per share from continuing operations of CNY 0.32 a year ago. Diluted earnings per share from continuing operations was CNY 0.12 compared to diluted loss per share from continuing operations of CNY 0.32 a year ago.
ENC Digital Technology Co., Ltd, formerly ENC Data Technology Co., Ltd, is a China-based company providing industry cognitive solutions. The Company operates its business through two segments. The Industry Cognitive Solutions segment provides industry customers with industry cognitive solutions that include data collection, governance, mining, analytics and applications through innovative technologies such as artificial intelligence, big data and cloud computing. Specific areas include smart public security, public security big data, smart cities and smart enterprise businesses. The Tourism Business segment operates three routes of Beihai-Weizhou Island, Beihai-Haikou and Penglai-Changdao through its subsidiaries.