HC International First Nine Month Revenue Declines by 7.9%

Posted by Joachim Bartels | Nov 21, 2015 | B2B Marketing, B2B Media, China, Digital Media, HC International, Online Media - Buyer - Seller Platforms | 0 |

HC International, a leading online B2B information services provider in China, reported total revenues of US$105 million for the first nine months of 2015, dropped by 7.9% year-on-year. The Group’s EBITDA was US$17 million for the nine-month period, down by 49% year-on-year.

As a consequence of the newly added anti-counterfeiting services and acquisition of ZOL, gross profit ratio of HC International was dropped from 92.7% in the first nine months of 2014 to 85.4% in 2015. Net income in the period was US$5.5 million, a decline of 77% from the previous year. Diluted earnings per share in the nine-month period were RMB 0.0696 (US$0.011).

Source: Business Strategies Group Hong Kong – www.bsgaisa.com

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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