QITIAN Technology Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
August 24, 2022 at 07:02 am
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QITIAN Technology Group Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 609.59 million compared to CNY 528.64 million a year ago. Revenue was CNY 613.01 million compared to CNY 533.86 million a year ago.
Net income was CNY 39.43 million compared to net loss of CNY 14.57 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to basic loss per share from continuing operations of CNY 0.02 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to diluted loss per share from continuing operations of CNY 0.02 a year ago.
QITIAN Technology Group Co., Ltd., formerly Shanghai Conant Macroflag Group Co., Ltd., is a China-based company mainly engaged in financial technology business. The Company's business includes fintech service business and resin lens production and sales business. Fintech service business builds intelligent marketing, intelligent risk control, and intelligent customer acquisition capabilities through the comprehensive construction of technology, data, and business capabilities, and provides intelligent data analysis, decision support, marketing promotion, customer acquisition, flow distribution and risk judgment. It also provides individual customers with value-added services such as commodities, equity, instalment, and insurance. Resin lens production and sales business are mainly for the manufacture and sale of resin lenses, and provide lens processing services. The Company distributes its products within domestic market and to overseas markets.