HKTDC’s Exhibitions Revenues Up 1.7%

July 13, 2016

Earlier this week, the Hong Kong Trade Development Council (HKTDC) published its annual report for the financial year ended 31st March 2016. Revenues generated from exhibitions and mission were US$246 million, representing moderate growth of 1.7% over the previous year. The HKTDC’s total revenues, including the government subvention of US$51 million, posted a year-on-year decrease of 1.9%, amounting to US$355 million.

Revenues from product magazines and its online marketplace slipped 5.4% compared to 2015, down to US$24 million. The operations of the HKTDC-owned Hong Kong Convention and Exhibition Centre (HKCEC) generated revenues of US$23 million, a year-on-year growth of 2.5%.

In this fiscal year, the HKTDC organised 35 fairs that were attended by more than 37,100 exhibitors, up 2.3% over last year. These fairs recorded participation of more than 764,700 buyers, an increase of 1.4% over the previous year.

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