China Customer Relations Centers, Inc. Announces Second Half and Full Year 2018 Financial Results
China Customer Relations Centers, Inc (CCRC)
US:NASDAQ Investor Relations:
quicktake.morningstar.com/stocknet/secdocuments.aspx?symbol=ccrc
Company Research
Source: PR Newswire
TAI'AN, China, April 29, 2019 /PRNewswire/ -- China Customer Relations Centers, Inc. (NASDAQ: CCRC) ("CCRC" or the "Company"), a leading call center business process outsourcing ("BPO") service provider in China, today announced its financial results for the six and twelve months ended December 31, 2018. Second Half of 2018 Highlights (all comparisons to prior year unless noted)Revenues increased by 39.0% to a Company record of $75.4 million driven by a continued expansion of business. Gross profit increased by 38.3% to $18.6 million. Gross margin decreased by 0.1 percentage points to 24.7%. Operating income decreased by 8.7% to $5.1 million. Operating margin decreased by 3.5 percentage points to 6.8%. Net income attributable to common shareholders increased by 7.5% to $5.1 million. EPS attributable to common shareholders was $0.28, compared to $0.26 for the same period of the prior year. Full Year 2018 HighlightsRevenues increased by 59.0% to $141.4 million driven by continued expans
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