Cashway Fintech Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 26, 2019 at 12:40 pm EDT
Share
Cashway Fintech Co.,Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 304.975 million compared to CNY 540.350 million a year ago. Operating income was CNY 2.444 million compared to CNY 51.114 million a year ago. Net income was CNY 541,848.5 compared to CNY 45.331 million a year ago. Basic earnings per share from continuing operations was CNY 0.0014 compared to CNY 0.1132 a year ago.
Cashway Fintech Co., Ltd., formerly Cashway Technology Co., Ltd., is a China-based company principally engaged in the provision of intelligent bank solutions that are mainly focused on financial self-service equipment. The Company operates through two main segments. The Main Business segment is primarily involved in research, development and sales of cash self-service machines, non-cash self-service machines and components, as well as the provision of equipment maintaining, outsourcing, software and technology development services. The Other Business segment is primarily engaged in the sales of electric power telecommunication equipment and rental housing.