News this week: Hong Kong-listed, mainland media group, CCID Consulting, announced
its quarterly result for the three months ended 31st March 2014. Revenues
were US$4.5 million, flat against the previous year. The company posted a
profit of US$111,000 in the quarter, which represents a 15% decrease compared
with the same period last year. Earnings per share in the three-month period were
RMB 0.001.
More than half of CCID’s revenues were generated from its
management & strategic consultancy services, amounting to US$2.4 million -
which was down 20% year-on-year. Its second largest business segment,
information engineering supervision services, jumped 57% year-on-year to US$1.6
million and accounted for 35% of total revenues. The remaining revenues were
generated from market consultancy services, which increased slightly by 2.7% to
US$512,000.
This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. Visit our website
to find out more about this service. You can also follow us on Twitter
for all the latest updates.
No comments:
Post a Comment