In the Q2, Bank Of South Carolina Corporation's corporate clients experienced a reduction by -1.06 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 5.26 %. During the corresponding time, Bank Of South Carolina Corporation saw a revenue deteriorated by -1.85 % year on year, sequentially revenue fell by -1.19 %. While revenue at the Bank Of South Carolina Corporation's corporate clients fell by -11.31 % year on year, sequentially revenue grew by 14.07 %.
Customers of Bank Of South Carolina Corporation saw their costs of revenue decrease by -1.06 % in Q2 compare to a year ago, sequentially costs of revenue grew by 5.26 %, for the same period Bank Of South Carolina Corporation revnue deteriorated by -1.85 % year on year, sequentially revenue fell by -1.19 %.
Bank Of South Carolina's Comment on Sales, Marketing and Customers
The primary economic drivers of our market area are tourism, manufacturing and
medical services. In addition, we have one of the busiest container ports in the
United States as well as a Boeing plant in North Charleston, SC. In October 2009,
Boeing selected a site in North Charleston SC, for a 787 Dreamliner final assembly
and delivery line. Boeing South Carolina has added the IT Centers of Excellence,
Engineering Design Center, Boeing Research & Technology Center and Propulsion
South Carolina to its North Charleston campus and will be adding a painting facility
in 2016. Future development in our market area includes both a Volvo and Mercedes
plant.
Bank Of South Carolina’s Comment on Sales, Marketing and Customers
The primary economic drivers of our market area are tourism, manufacturing and
medical services. In addition, we have one of the busiest container ports in the
United States as well as a Boeing plant in North Charleston, SC. In October 2009,
Boeing selected a site in North Charleston SC, for a 787 Dreamliner final assembly
and delivery line. Boeing South Carolina has added the IT Centers of Excellence,
Engineering Design Center, Boeing Research & Technology Center and Propulsion
South Carolina to its North Charleston campus and will be adding a painting facility
in 2016. Future development in our market area includes both a Volvo and Mercedes
plant.
Sources:
Bank Of South Carolina Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Bank Of South Carolina Corporation’s corporate clients.
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