News this week: Hong Kong-listed CCID
Consulting announced its interim results for the six months ended 30th
June 2012. Revenues were US$10.4 million – an increase of over 7% compared with
the first half of 2011.
The company recorded a
net profit of US$1.3 million, a decrease of 4% over the same period last year.
The management attributed the fall to an increase in development fees from
business development.
CCID’s management and
strategy consultancy services generated revenues of US$6.7 million or 64% of
total revenues. This is a 27% increase compared with the same period last year.
The company’s market research business, generated US$1.9 million which
accounted for 19% of total revenues – a 17% year-on-year decrease. The
remaining revenues were generated from CCID’s Information Engineering
Supervision services.
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