ENC Digital Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 07:04 am
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ENC Digital Technology Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 134.06 million compared to CNY 159.79 million a year ago. Revenue was CNY 134.06 million compared to CNY 159.79 million a year ago. Net income was CNY 1.82 million compared to CNY 11.76 million a year ago. Basic earnings per share from continuing operations was CNY 0.0036 compared to CNY 0.0233 a year ago. Diluted earnings per share from continuing operations was CNY 0.0036 compared to CNY 0.0233 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.