News this week: Last week, Hong Kong-listed HC International
announced its results for the quarter ended 31st March 2015.
Revenues were US$34 million, a decrease of 5.5% compared with the same quarter
last year. Profit in the quarter also recorded a drop falling 41% down to
US$4.0 million. Diluted earnings per share in the period were RMB 0.0365
(US$0.0059).
Almost 80% of the Beijing-based company’s revenues were
generated from online services amounting to US$27 million. This represents a
year-on-year decrease of 12%. The second largest business segment was seminars
and other services, which increased by 8.7% to US$4.4 million and accounted for
13% of total revenues. The remaining revenues were generated from the newly
acquired “digital identity management business”, anti-counterfeiting products
and services (US$1.8 million), and the trade catalogues and yellow page
directories segment (US$718,000).
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