Beijing Advanced Digital Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 05:35 am
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Beijing Advanced Digital Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,975.814 million compared to CNY 1,071.587 million a year ago. Operating income was CNY 109.556 million compared to CNY 45.602 million a year ago. Net income was CNY 84.950 million compared to CNY 39.741 million a year ago. Basic earnings per share from continuing operations was CNY 0.36 compared to CNY 0.17 a year ago.
Beijing Advanced Digital Technology Co., Ltd. is a China-based company principally provides Information Technology (IT) solutions and services for commercial banks. The Company operates through three segments. The IT Infrastructure Construction segment provides data center infrastructure solutions, cloud data center construction solutions, enterprise network design and planning and SDN (software definition network) solutions, intelligent network technology consulting services, as well as sales the related IT infrastructure products. The Software Solutions segment provides customized software solutions based on the company's proprietary platform software. The IT Operation and Maintenance Services segment provides basic software and hardware maintenance services, system operation and maintenance services, special operation and maintenance services, system and application software support and maintenance services. The Company mainly operates its businesses in the domestic market.