Friday, July 04, 2014

HKTDC’s exhibition revenue up 14%

News this week: Earlier this week, the Hong Kong Trade Development Council (HKTDC) published its annual report for the financial year ended 31st March 2014. Revenues generated from exhibitions and trade missions were US$240 million, a year-on-year growth of 14%. Overall, the HKTDC’s total revenues, including the government subvention of US$50 million, were US$353 million, up 9.6%.

Revenues from product magazines & online marketplace were US$25 million, an increase of 2.2% over 2013. The operations of the HKTDC-owned Hong Kong Convention and Exhibition Centre (HKCEC) generated revenues of US$21 million, flat with the previous year.

In the fiscal year 2013/14, the HKTDC held 35 fairs which were attended by more than 35,000 exhibitors – up by 4%. These fairs saw participation from more than 755,000 buyers, which increased by 10.5% year-on-year.

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