Share price movement in B2B media companies involved in Asia
/Figure 1: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement over past 12 months)
Figure 2: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement since January 2018)
Weekly Newsletter
Over 280 delegates gather in Kuala Lumpur for UFI’s Asia Conference
/Kuala Lumpur, March: Last week, UFI, the Global Association of the Exhibition Industry, held the 13th edition of its UFI Asia-Pacific Conference in Kuala Lumpur, attracting more than 280 delegates from 20 countries and regions.
Read MoreGL Events to establish Japan presence
/Tokyo, 20th February: GL Events, global event services company, announced that the company will establish a presence in Japan reflecting its increasing strategic focus on Japan as well as the Asia Pacific region.
Read MoreICC Sydney generates economic impact of US$614 million in 2017
/Sydney, 20th February: After opening in December 2016, the International Convention Centre Sydney (ICC Sydney) has reported an estimated economic impact in New South Wales of A$785 million (US$614 million) during its first year of operations.
Read MoreMAD partners with CPIT Shanghai
/Shanghai, 5th March: MAD Event Management, a U.S.-based event organiser, announced that the company has entered into an agreement with CPIT Shanghai Exhibition Company Limited to develop and organise world-class events in Shanghai.
Read More87,000 buyers at HKTDC’s jewellery shows
/Hong Kong, 5th March: The Hong Kong Trade Development Council (HKTDC) concluded its two jewellery shows earlier this month, featuring a record number of buyers – approximately 87,000 visitors from 145 countries and regions. This represents a 2% increase over last year’s event.
Read MoreTarsus to launch Fintech event in Indonesia
/Jakarta, 28th February: Tarsus Group, an international B2B media group, announced that its subsidiary, Tarsus Indonesia, will launch the Indonesia Fintech Show (IFS) 2018. The new event will run from 5th to 7th December 2018.
Read MoreShare price movement in B2B media companies involved in Asia
/Share price movement
Read MoreUBM’s profit up 25% in 2017
/London, 28th February: This week, UBM Plc announced its annual results for the year ended 31st December 2017. The company reported revenues of £1.0 billion (US$1.4 billion), an increase of 16% year-on-year. Adjusted operating profits increased by 25% to £294 million (US$397 million).
Revenues from annual events were £781 million (US$1.05 billion), representing an adjusted underlying growth of 5.3%. While biennial events in 2017 generated revenues of £86 million (US$116 million), up 3.7% compared to the biennial events in 2015. Management attributed the growth in the annual events to strong growth in Asia. Growth from launches and at Allworld events was also cited. The growth at biennial events in part as due to the inclusion of revenue from Allworld’s biennial events, HOFEX and Food & Hotel Indonesia.
Tarsus’ revenues jump 35% in 2017
/London, 28th February: London-based Tarsus Group, also announced its year-end results for 2017 this week. The group reported revenues of £118 million (US$159 million) – up 35% compared with the results in 2015. In 2017, the company recorded 53% growth of adjusted profit before tax compared with 2015, reaching £40 million (US$55 million). Key highlights include 7% visitor growth across the group’s portfolio and recently completed acquisitions of Connect, Hometex and Intex.
In Asia, total revenues in 2017 were £23 million (US$32 million), up from £9.4 million (US$13 million) recorded in 2015. In China, the newly acquired Hometex and Intex shows both performed well, while the biennial Labelexpo Asia recorded strong growth. In South East Asia, where Tarsus’ portfolio performed well, especially the IIICE (Infrastructure) event in Indonesia.
Mega Expo’s revenues fall in first half
/Hong Kong, 23rd February: Last week, Mega Expo, formerly known as Kenfair, a Hong Kong-based exhibition organiser, reported its interim results for the six months ended on 31st December 2017. The company reported revenues of US$9.4 million, down by 20% year-on-year. However, Mega Expo posted a net profit of US$5.8 million in the six-month period, compared with a loss of US$1.5 million in the previous year. Earnings per share for the half year were HK$0.0328 (US$0.0042).
More than 75% of Mega Expo’s revenues were generated from its exhibition organising business, amounting US$7.1 million. This represents a decrease of 40% year-on-year. The remaining revenues were generated through its brand management services (US$2.2 million).
Nearly 1,400 MICE events held in Macau in 2017
/Macau, 27th February: Macau’s Statistics and Census Service (DSEC) recently released its MICE statistics for the fourth quarter as well as the full year of 2017. In 2017, a total of 1,381 MICE events were held in Macau. That is 105 events more than in 2016. The total number of participants increased 10% to approximately 1,901,000 in the year.
In the fourth quarter of 2017, DSEC reported that 378 MICE events were held in the city, up seven events. The total number of participants and attendees was 694,000, up 42% compared to the same quarter last year.
HKTDC’s jewellery shows feature 4,550+ exhibitors
/Hong Kong, 22nd February: This week, the Hong Kong Trade Development Council (HKTDC) opened two major jewellery trade shows, the Hong Kong International Diamond, Gem and Pearl Show and the Hong Kong International Jewellery Show. The two shows feature a record number of exhibitors (4,550) from 50 countries and regions.
Read MoreShenyang New World EXPO announces strong results
/Shenyang, 28th February: Shenyang New World EXPO, now in its second year of operations, announced that in 2017, the venue hosted nine major events, featuring over 1,700 exhibiting companies and attracting 220,000 visitors. In addition, the venue will hold three major recurring events during March and April. EXPO hosted those three events for the first time last year. Management also announced that adjacent to the venue, two adjoining hotels, a shopping mall, three residential towers and two office towers will open in the coming year.
Diane Chen, EXPO’s General Manager, commented, “The success of EXPO’s initial exhibitions during the first year and the interest created by the exhibitors and visitors alike the ongoing potential of EXPO’s future exhibition business. Additionally, regional and national conferences are finding the venue most attractive.”
Share price movement in B2B media companies involved in Asia
/Figure 1: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement over past 12 months)
Figure 2: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement since January 2018)
Messe Frankfurt acquires two events in Thailand
/Thailand, 12th February: Messe Frankfurt New Era Business Media Ltd has acquired the Thailand Lighting Fair and the Thailand Building Fair to expand its Light + Building brand. Financial details of the acquisition were not disclosed.
Read MoreAlibaba invests in retail business and big data
/China, 8th February: Earlier this month, Alibaba Group, China’s leading e-commerce group, announced two deals to invest in the retail sector.
Read MoreRELX’s exhibitions revenues up 6%
/London, 15th February: Last week, RELX Group (formerly Reed Elsevier) released its financial results for the year ended 31st December 2017. Total revenues were £7.4 billion (US$9.9 billion), representing an underlying increase of 4%. Adjusted operating profit increased by 6% to £2.3 billion (US$3.1 billion).
Read MoreBaidu’s profits jump 118% in Q4
/Beijing, 13th February: Baidu, the leading search engine in China, recently released its results for the quarter ended 31st December 2017 and the financial year 2017. In the fourth quarter, revenues were US$3.6 billion, a year-on-year 29% increase. Operating profits jumped 118% reaching US$734 million.
Read MoreBOL’s revenues up 9.3% in 2017
/Bangkok, 14th February: Last week, Business Online (BOL), a leading online information service provider in Thailand, reported its financial results for the year ended 31st December 2017. Total revenues were US$13.4 million, representing a 9.3% year-on-year increase. BOL’s net profit grew 5.5%, reaching US$2.3 million. Diluted earnings per share in 2017 were Baht 0.10 (US$0.0029).
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