HC International’s Revenues Up 47% – Profit Jumps 155% in First Half

Posted by Joachim Bartels | Aug 16, 2013 | China, HC International, Hong Kong, Online Media - Buyer - Seller Platforms | 0 |

HC International reported revenues for the six months ended 30^th June were US$57 million, up 47% over the first half of 2012. HC posted a profit attributable to equity holders of US$8.3 million in the period, a significant growth of 155% over last year. Dilute earnings per share in the period were RMB 0.0865 (US$0.0137).

More than 87% of HC’s revenues were generated from its online services, amounting to US$49 million and a jump of 67% over the first half of 2012. The remaining revenues were attributed to seminars & other services (US$4.2 million), and trade catalogues & yellow page directories business (US$3.0 million). However, it is worth noting that these segments continued its decline dropping 11% and 30% year-on-year, respectively.

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

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