Friday, March 28, 2014

Sino Splendid revenue up 2%

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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