Beijing, 23rd August: CCID Consulting, a research and information service provider in China, recently announced its financial results for the first half of 2023. Revenues were US$13.5 million, up 36% year-on-year. The company posted a profit of US$3.9 million, compared with a loss of US$2.0 million in the first half of 2022. Earnings per share in the six-month period were RMB0.0447 (US$0.0062).

More than 81% of CCID’s revenues were generated from its Decision-making consulting services, amounting to US$11.1 million. This segment jumped 107% year-on-year. The second largest business segment was CCID’s Data platform services, generating revenues of US$1.6 million, and accounting for 12% of the company’s total revenues. This segment generated just US$69,000 in the first half of 2022. The remaining revenues were generated from its Science and technology innovation platform services (US$893,000).