Friday, August 09, 2013

TTG’s revenue up 6% in first half

News this week: Earlier this week, Hong Kong-listed China.com announced its results for the six months ended 30th June 2013. China.com is the owner of TTG Media, a travel trade publishing group in Asia. Revenues for TTG Media in the six-month period were US$6.1 million, up 6.1% compared with the first half of 2012.

The travel media segment reported a profit of US$1.1 million – an increase of 22% from the first half of last year. Management attributed the increase to two successful trade shows (ASEAN Tourism Forum 2013 in Vientiane, Laos and IT&CM China 2013 in Shanghai). In addition, TTG has also been appointed the official media partner for eight major international events across Asia, Middle East and Europe in the second quarter.

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: