Global Sources’ Exhibition Revenue Jumped 159% in Q3

Posted by Joachim Bartels | Nov 16, 2012 | Business Information, Exhibition Industry, Global Sources, Hong Kong | 0 |

Global Sources released its third quarter results ended 30^th September 2012. The company reported revenues of US$59 million, an increase of 26% compared with the same quarter in 2011. Net profit attributable to shareholders in the quarter was US$8.2 million, more than double the US$3.96 million recorded in the third quarter last year.

Online revenues were US$30 million this quarter, flat against Q3 last year. Exhibition revenues jumped 159% to US$23 million. The impressive growth in exhibitions were attribute to good performance of the two major shows held in the quarter, SZIC and China International Optoelectronic Expo. Print revenues continued to decline, dropping 34% to US$4.1 million in the quarter.

Source: Business Strategies Group Hong Kong – www.bsgasia.com

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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