Global Sources’ revenues from exhibitions were US$32.4 million down 2.7% compared with last year, and accounted for 56% of total revenues. Online business accounted for 36% of total revenues, which amounted to US$20.8 million. Online revenues were down 8% vs. last year. Revenues from print services were down 14% to US$3.0 million and accounted for 5% of total revenues.
Global Sources also reported its half-year results for the six months ended 30th June. Revenues in the period were US$93 million, flat compared with the first half of 2013. Net profit attributable to shareholders dropped by 68% over last year to US$7 million. Diluted earnings per share in the first half were US$0.2.
Source: Business Strategies Group Hong Kong – www.bsgasia.com –