Global Infotech Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 11, 2022 at 06:27 am
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Global Infotech Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 2,278.96 million compared to CNY 1,893.66 million a year ago. Revenue was CNY 2,278.96 million compared to CNY 1,893.66 million a year ago. Net income was CNY 123.99 million compared to net loss of CNY 671.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.28 compared to basic loss per share from continuing operations of CNY 1.5 a year ago. Diluted earnings per share from continuing operations was CNY 0.28 compared to diluted loss per share from continuing operations of CNY 1.5 a year ago.
GLOBAL INFOTECH CO., LTD. is a China-based provider of financial information software products and integrated services. The Company mainly provides information technology (IT) solutions, IT operation services and system integrated services to financial enterprises, such as banks, insurance companies and security companies. Its IT solution software includes Core Banking System, Credit Management System and Customer Relationship Management (CRM) System, among others. Its IT solution services include IT services related to IT solution software, such as consulting, implementation, operation, management, supporting and training. The Company mainly operates its business in domestic market.