Mega Expo’s Full-year Revenues Down 8.5%
Mega Expo (formerly Kenfair), a Hong Kong-based exhibition and event organiser, announced its financial results for the year ended 30th June 2015. The company reported total revenues of US$24 million, down 8.5% year-on-year. Despite the drop in revenue, Mega Expo recorded a profit of US$5.9 million, up from US$1.8 million in the previous year. Diluted earnings per share in the year were HK$0.2046 (US$0.026).
In the previous financial year, more than 95% of Mega Expo’s revenue came from organising exhibitions (US$23 million). Revenues from exhibitions were down year-on-year 8.1%. The remaining revenue came from exhibition-related services (US$1.1 million) and ancillary services (US$11,000).