China TransInfo Technology: Net profit of 2020 about 1.071 billion yuan, an increase of 5.65% YoY

NBD AI Bulletin -- China TransInfo Technology Co., Ltd (SZ 002373, close price: 16.4 yuan) released the 2020 annual results on February 26, saying that the Company posted gross revenue of about 9.478 billion yuan, an increase of 8.66% from a year earlier, the net profit attributable to shareholders amounted to 1.071 billion yuan, up 5.65% year over year, and the basic earnings per share stood at 0.70 yuan, up 1.45% compared with the previous year.

The semi-annual report shows that China TransInfo Technology mainly engages in smart transportation, intelligent security, accounting for 52.74% and 47.26% of its revenue, respectively.

China TransInfo Technology's chairman is Xia Shudong, male, 48 years old, Peking University PhD. China TransInfo Technology's general manager is Pan Fan, male, 38 years old, bachelor's degree in automation at Huazhong University of Science and Technology, EMBA candidate at Tsinghua PBCSF.

(By Gao Han)

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