COSCO SHIPPING Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 22, 2021 at 06:01 am
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COSCO SHIPPING Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,207.29 million compared to CNY 1,009.21 million a year ago. Revenue was CNY 1,207.29 million compared to CNY 1,009.21 million a year ago. Net income was CNY 130.96 million compared to CNY 159.84 million a year ago. Basic earnings per share from continuing operations was CNY 0.358 compared to CNY 0.4384 a year ago. Diluted earnings per share from continuing operations was CNY 0.3571 compared to CNY 0.4346 a year ago.
COSCO SHIPPING Technology Co., Ltd., formerly China Shipping Network Technology Co., Ltd., is a China-based company principally engaged in the provision of computer application services. The Company primarily provides intelligent transportation system integration as well as information technology and scientific management of transportation, such as variable information boards, transportation signal systems, lane controllers, monitoring systems, toll systems, communication systems, video transportation parameter and incident testing systems. The Company also involves in the sale of industrial automation products, such as digital direct current speed-adjustable device control cabinets, alternative current speed-adjustable device control cabinets, boiler control systems, intelligent electrical panel for ships and substation control cabinets, among others. The Company distributes its products within domestic market.
COSCO SHIPPING TECHNOLOGY CO., LTD. 
