Enc Digital Technology Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 21, 2020 at 10:47 am
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ENC Digital Technology Co. Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 368.284 million compared to CNY 1,103.484 million a year ago. Operating loss was CNY 157.747 million compared to operating Income of CNY 122.424 million a year ago. Net loss was CNY 141.682 million compared to net income of CNY 113.223 million a year ago. Basic loss per share from continuing operations was CNY 0.281 compared to basic earnings per share from continuing operations of CNY 0.224 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.
ENC DIGITAL TECHNOLOGY CO., LTD 
