Friday, May 12, 2006

Global Sources

No surprise that Global Sources has reported a strong first quarter. A transcript of the Earnings Conference Call is posted here at the China Stock Blog.

The company is predicting 33% revenue growth for the first half of the year. This is clear evidence that - finally - they have hit the accelerator pedal after a number of years of flat-ish sales. The new trade show business is the key although even the 'traditional' print and online businesses saw 15% year-on-year growth.

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