Hong Kong, 19th August: Last week, Hong Kong-listed HC Group released its interim results for the six months ended 30th June 2022. The company’s revenues dropped 13% in the first half of the year, down to US$905 million. The company also slightly reduced its loss in the first half of 2022 cutting it from a loss of US$12 million in the first half of 2021 down to US$11 million in this half.

HC’s management attributed the decrease in revenues rising costs, inflation and the ongoing COVID prevention and control measures in China.