HC International, a leading online B2B information services provider in China, reported a total revenue of US$141 million for the year ended on 31st December 2015, down 5.2% compared to last year. The Group’s EBITDA was US$19 million, down by 56% year-on-year. The dilute earnings per share in the year were RMB 0.0679 (US$0.010).
Just more than 80% of the group’s revenue, online services business shrank by 9.8% year-on-year to US$113 million. The second largest business segment, seminars and other services grew by 7.3% year-on-year to US$17 million. Trade catalogues and yellow page directories business dropped by 49% year-on-year, to US$2.8 million. The remaining revenues were generated from the anti-counterfeiting products and services (US$8.5 million) and financing services (US$7,100).
Source: Business Strategies Group Hong Kong – www.bsgasia.com