Beijing United Information Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 06:01 am EDT
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Beijing United Information Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 12,137.93 million compared to CNY 6,076.16 million a year ago. Revenue was CNY 12,137.93 million compared to CNY 6,076.16 million a year ago. Net income was CNY 155.14 million compared to CNY 78.02 million a year ago. Basic earnings per share from continuing operations was CNY 0.3103 compared to CNY 0.157 a year ago. Diluted earnings per share from continuing operations was CNY 0.3103 compared to CNY 0.157 a year ago.
Beijing United Information Technology Co Ltd is a China-based company principally engaged in the business-to-business (B2B) e-commerce and industrial Internet platform business. The Company operates four segments. The Online Commodity Trading segment is mainly engaged in raw material industrial e-commerce business, third-party e-commerce, and provides cloud enterprise resource planning (ERP), electronic contracts, online payments, smart logistics, digital factories, industrial Internet and other software as a service (SaaS) business. The Business Information Services segment mainly provides business information, marketing and promotion services, exhibitions, industry information and data products, and advertising services. The Internet Technology Services segment mainly provides digital cloud application services and digital supply chain, digital factory and industrial Internet platform services. The Company also operates the Other segment.