2008-07-02 11:08:33 -
Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report tracking the top Asian B2B media companies that are publicly listed or publish reliable financial figures. 'Tracking of Listed B2B Media Companies in Asia', which is available from www.reportbuyer.com/go/BSG00060 reports that in 2006, only seven of these 19 companies posted revenues over US$100 million. Pico Far East, which provides marketing, logistical and advertising services to exhibition organizers, is the largest with revenues last year of US$231 million.
Authors of the report note that
three of the companies in the top seven are positioned to expand their revenues considerably this year. If that occurs, the company will leap to second place in terms of revenues. Global Sources and HC International had combined revenues of US$194 million in 2006.
Additionally, Global Sources' revenues in 2006 shot up 39.5% on the back of its recent success in exhibitions and that trend could continue this year albeit less spectacularly. Xinhua Finance which completed its NASDAQ listing earlier in 2007 raised US$200 million which will be used to grow its business. Even without the benefit of that capital, in 2006, Xinhua Finance's revenues increased by nearly 60%.
The report highlights that it is worth noting the small scale of some of these companies. Seven of the top 19 posted revenues of less than US$20 million and five of those seven registered a drop in revenues in 2006. Overall, nine of the 20 companies posted a decrease in revenues. Sun Business Network's revenue recorded the largest drop falling 45% in 2006. Closely behind was Cybermedia which posted a 44% decrease in revenues in 2006. NASDAQ-listed Ninetowns had the third worst performance as their revenues fell 36%.
'Tracking of Listed B2B Media Companies in Asia' is available from Report Buyer. For more information go to:
www.reportbuyer.com/leisure_media/company_reports_leisure_media/ ..
Report Buyer product ID: BSG00060
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