News this week: Last week, Hong Kong-listed China.com reported its
first quarter results ended 31st March 2013. TTG Media, a China.com subsidiary focused
on the travel media segment, recorded revenues of US$3 million – an increase of
5% compared to the same period in 2012. Management claimed the strong revenues resulted
from the company’s events segment, highlighting the ASEAN Tourism Forum (ATF) 2013 in Vientiane,
Laos, and its special projects group.
Overall revenues at China.com were US$4.7 million, up 10%
compared to the same quarter in 2012. TTG accounted for about 65% of
China.com’s revenues in the first quarter, while other revenues were generated
from China.com’s Internet portal business.
This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. Visit our website
to find out more about this service. You can also follow us on Twitter
for all the latest updates.
No comments:
Post a Comment