News this week: Last week, Hong Kong-listed Sino
Splendid announced its financial results for the year ended 31st
December 2013. The company reported revenues from continuing operations (travel
media) amounted to US$12 million, up 2.0% from the previous year.
According to the company, its core business remains those
under travel media business – TTG.
TTG organised five world class exhibitions and events in 2013. The company
highlighted its TTG Travel Trade Publishing division faced fierce competition
for print advertising revenue from new media outlets, but was able to offset
this decline with contributions from various special projects.
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