HC International’s First Half of 2017 Revenues up 188%

Posted by Joachim Bartels | Sep 20, 2017 | China, E-Commerce, HC International, Hong Kong | 0 |

Hong Kong-listed HC International revenues jumped 188% in the six month period ending June 30^th, 2017, reaching US$198 million. Profit in the first half was US$16 million which represents an increase of 270%. Diluted earnings per share were RMB 0.1039 (US$0.015).

HC International’s largest business, its B2B trading platform, generated revenues of US$69 million. That represents about 35% of total revenues. The online services segment was the second largest business generating 33% of revenues (US$64 million). The remaining revenues were from its O2O business exhibition centre (US$44 million), seminars & other events (US$12 million), anti-counterfeiting products & services (US$7.1 million), financing services (US$1.5 million) and trade catalogues & yellow pages (US$195,000).

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

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