HKTDCﾒs Exhibition Revenue Up 14%
Earlier this week, the Hong Kong Trade Development Council(HKTDC) published its annual report for the financial year ended 31st March 2014. Revenues generated from exhibitions and trade missions were US$240 million, a year-on-year growth of 14%. Overall, the HKTDC’s total revenues, including the government subvention of US$50 million, were US$353 million, up 9.6%.
Revenues from product magazines & online marketplace were US$25 million, an increase of 2.2% over 2013. The operations of the HKTDC-owned Hong Kong Convention and Exhibition Centre(HKCEC) generated revenues of US$21 million, flat with the previous year.
In the fiscal year 2013/14, the HKTDC held 35 fairs which were attended by more than 35,000 exhibitors – up by 4%. These fairs saw participation from more than 755,000 buyers, which increased by 10.5% year-on-year.