Qiming Information Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 08:38 am
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Qiming Information Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 118.458 million compared to CNY 270.907 million a year ago. Operating income was CNY 5.656 million compared to CNY 6.970 million a year ago. Net income was CNY 4.316 million compared to CNY 6.307 million a year ago. Basic earnings per share from continuing operations was CNY 0.0106 compared to CNY 0.0154 a year ago.
Qiming Information Technology Co.,Ltd is a China-based company principally engaged in the research, development, manufacture and service provision of automobile management software and electronic products. The Company operates its business through four segments. Management Software segment is mainly engaged in the development, application integration and management consulting of management software for automotive industry. Automotive Electronics segment is involved in the research, development and manufacture of automotive electronic products and the provision of system matching and value-added services. Integrated Service segment provides network engineering, computer room engineering, building intelligent engineering, (information technology) IT consulting services and professional technical training services. Data Center segment provides data backup and disaster recovery services, IT operation and maintenance services, information security services and cloud platform services.
QIMING INFORMATION TECHNOLOGY CO.,LTD 
