Beijing, 28th August: Earlier this week, Hong Kong-listed HC International reported its interim results for the six months ended 30th June. The company’s revenues jumped 188% in the period, reaching US$198 million. Profit in the first half was US$16 million which represents an increase of 270%. Diluted earnings per share were RMB 0.1039 (US$0.015).
HC International’s largest business, its B2B trading platform, generated revenues of US$69 million. That represents about 35% of total revenues. The online services segment was the second largest business generating 33% of revenues (US$64 million). The remaining revenues were from its O2O business exhibition centre (US$44 million), seminars & other events (US$12 million), anti-counterfeiting products & services (US$7.1 million), financing services (US$1.5 million) and trade catalogues & yellow pages (US$195,000).