Beijing Advanced Digital Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 06:08 am EDT
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Beijing Advanced Digital Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 567.758 million compared to CNY 627.659 million a year ago. Operating income was CNY 37.295 million compared to CNY 10.108 million a year ago. Net income was CNY 26.469 million compared to CNY 9.909 million a year ago. Basic earnings per share from continuing operations was CNY 0.11 compared to CNY 0.04 a year ago.
Beijing Advanced Digital Technology Co., Ltd. is a China-based company principally provides Information Technology (IT) solutions and services for commercial banks. The Company operates through three segments. The IT Infrastructure Construction segment provides data center infrastructure solutions, cloud data center construction solutions, enterprise network design and planning and SDN (software definition network) solutions, intelligent network technology consulting services, as well as sales the related IT infrastructure products. The Software Solutions segment provides customized software solutions based on the company's proprietary platform software. The IT Operation and Maintenance Services segment provides basic software and hardware maintenance services, system operation and maintenance services, special operation and maintenance services, system and application software support and maintenance services. The Company mainly operates its businesses in the domestic market.