News this week: Last week, Hong Kong-listed CCID Consulting announced its
interim results for the six months ended 30th June 2013. Revenues
were US$11 million – almost flat with the first half of 2012. The company
recorded a profit attributable to equity holders of US$497,000, down by 64%
from the same period last year. Earnings per share in the six-month period were
RMB 0.0044.
CCID’s management & strategy consultancy services
generated revenues of US$6.8 million or 63% of total revenues. This is a 1.5%
decrease compared with the same period last year. The company’s second largest
business segment, information engineering supervision services, generated
US$2.8 million which accounted for 26% of total revenues – a growth of 47%
year-on-year as a result of increased market demand. The remaining revenues
were generated from market research services, which dropped 41% year-on-year.
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