Sino Splendid narrows loss in first nine months

Hong Kong, 8th November: Last week, Hong Kong-listed Sino Splendid (formerly China.com) announced its financial results for the nine months ended 30th September 2019. Revenues in the period were US$8.3 million, a 7.2% increase compared with the same period in 2018. The company recorded a loss of US$738,000 in the nine-month period, compared with the loss of US$1.4 million in the same period last year.

The company attributed the increase in revenues to a stronger-than-expected performance from its Travel Media Business and from ATF 2019, another travel trade event that the company organised earlier in 2019.