Hong Kong, 28th June: Last week, Hong Kong-listed Pico Far East Holdings announced its interim results for the six months ended 30th April 2024. Revenues were US$376 million, representing a year-on-year increase of 18%. Profits in the six-month period jumped 90% to US$24 million.

In terms of business segments, 86% of Pico’s revenues were generated from its exhibition, event & brand activation business (US$325 million). This business was up by 18% year-on-year. The management attributed the increase in the business to the robust rebound in Pico’s key geographic markets.