CCID Consulting records increases in revenues and profits
Beijing, 23rd August: Also last week, CCID Consulting, a research and information service provider in China, announced its financial results for the first half of 2024. Revenues were US$16.7 million, up 23% from the first half of 2023. The company posted a year-on-year growth 36% of its net profit, reaching US$5.3 million. Earnings per share in the six-month period were RMB 0.0593 (US$0.0082).
More than 64% of CCID’s revenues were generated from its Decision-making consulting services, amounting to US$10.8 million. This segment decreased by 2.8% year-on-year. The second largest business segment was CCID’s Science and technology innovation platform services, generating revenues of US$3.5 million, and accounting for about 21% of the company’s total revenues. This segment generated just US$893,000 in the first half of 2023. The remaining revenues were generated from its Data platform services (US$2.5 million), which was up 57% over the same period last year.