Fujian Rongji Software Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 04:22 am
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Fujian Rongji Software Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 78.016 million compared to CNY 142.487 million a year ago. Operating loss was CNY 8.553 million compared to operating Income of CNY 14.430 million a year ago. Net loss was CNY 7.898 million compared to net income of CNY 14.574 million a year ago. Basic loss per share from continuing operations was CNY 0.0127 compared to basic earnings per share from continuing operations of CNY 0.0234 a year ago.
Fujian Rongji Software Co., Ltd. is principally engaged in the development and distribution of software products, the integration of computer systems, as well as the provision of related technical supports and services. The Company's software products are primarily used in E-government, information security, quality check three-electronic engineering and coordinated management, among others. The major clients of the Company are governments, military organs, as well as quality check, energy and telecommunication industries. Its computer system integration business is mainly involved in the integration of software and hardware of systems. Its technical supports and services include the operation and maintenance services of three-electronic engineering enterprise terminal software for import and export companies, as well as system maintenance, performance optimization, hardware maintenance and replacement part services, technical and application consulting and product upgrade services.