Mega Expo posts loss in the half-year result

Hong Kong, 27th February: Mega Expo, formerly known as Kenfair, a Hong Kong-based exhibition organiser, recently reported its interim results for the six months ended 31st December 2018. The company reported revenues of US$36 million, representing growth of 284% year-on-year. However, Mega Expo posted a net loss of US$16 million in the same six-month period, compared with a net profit of US$5.8 million in the same period in 2017.

More than 76% of Mega Expo’s revenues were generated from its two new business segments: promotion & consulting services (US$18 million) and contracting services & entertainment equipment services (US$12 million).