Qtone Education Group Guangdong Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 26, 2021 at 11:06 am
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Qtone Education Group Guangdong Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 705.501 million compared to CNY 717.695 million a year ago. Operating income was CNY 86.662 million compared to operating loss of CNY 718.950 million a year ago. Net income was CNY 50.015 million compared to net loss of CNY 704.975 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to basic loss per share from continuing operations of CNY 1.11 a year ago.
Qtone Education Group Guangdong Co Ltd is a China-based company mainly engaged in the provision of educational informatization and information services. The Company is mainly engaged in three businesses. The home-school interaction upgrade business provides basic information services, learning improvement services and family education guidance for children in the basic education stage through value-added services such as Power Plus Smart Campus, Growth Helper, Smart Sports, and Smart Psychology. The continuing education business provides systematic training platform construction, course content development, and training system construction services for in-service continuing education training for primary and secondary school teachers. The education informatization business mainly provides education informatization products.