HC Group reduces loss in first half

Hong Kong, 27th August: Last week, Hong Kong-listed HC Group released its interim results for the six months ended 30th June 2021. The company’s revenue grew 40% in the first half of the year, reaching US$1.09 billion. The company also reduced its loss from US$28 million in the first half of 2020, down to US$17 million in 2021.

The management attributed the increase in revenue to economic recovery from the COVID-19 pandemic. Many restrictions on factory production and business operations have been removed or reduced, leading to growth in the company’s orders and revenue.