Beijing Tongtech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 26, 2023 at 10:29 am EDT
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Beijing Tongtech Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 37.47 million compared to CNY 78.78 million a year ago. Revenue was CNY 37.47 million compared to CNY 78.78 million a year ago.
Net loss was CNY 88.58 million compared to CNY 46.94 million a year ago. Basic loss per share from continuing operations was CNY 0.1923 compared to CNY 0.1025 a year ago. Diluted loss per share from continuing operations was CNY 0.1923.
Beijing Tongtech Co., Ltd. is principally engaged in the research, development and distribution of intermediate products, and the provision of related technology services. The Company is mainly engaged in the provision of basic software, including intermediate products and virtualization software, enterprise mobile information, big data network optimization and government affairs big data, among others. The Company primarily provides application server TongWeb, message intermediate TongLINK/Q, transaction intermediate TongEASY, application integrated intermediate TongIntegrator, general document transfer platform TongGTP and others. The Company also offers development support and product after-sale services. Its products and services are applied in governments, transportation, finance, telecommunication and other industries.
BEIJING TONGTECH CO., LTD. 
