Qtone Education Group Guangdong Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 06:30 am
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Qtone Education Group Guangdong Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 386.907 million compared to CNY 446.778 million a year ago. Operating income was CNY 49.399 million compared to operating loss of CNY 10.622 million a year ago. Net income was CNY 28.589 million compared to net loss of CNY 17.393 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to basic loss per share from continuing operations of CNY 0.03 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.