Friday, November 08, 2013

TTG revenue drops in Q3

News this week: Earlier this week, Hong Kong-listed reported its quarterly results ended 30th September 2013. TTG Media, a subsidiary focused on the travel media segment, recorded revenues of US$2.4 million – a decrease of 18% compared to the same period in 2012.

During the quarter, the company cancelled an exhibition in India, due to low participation of domestic Indian exhibitors. In the same quarter, the company also organised a profitable exhibition in Singapore, the Singapore Gifts Show and produced two special publications, TTG Show Daily: PATA Travel Mart, and TTG mice Planner.

Overall revenues in the quarter at were US$4.4 million, down 2.9% compared to the same quarter in 2012. In the period, TTG accounted for about 55% of’s revenues, while other revenues were generated from’s Internet portal business.

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