Sino Splendid posts larger loss in Q1

Hong Kong, 11th May: Recently, Hong Kong-listed Sino Splendid (formerly China.com) reported its results for the quarter ended 31st March 2021. Sino Splendid is the owner and operator of the travel media group, TTG.

The company’s total revenues increased by 7.1% year-on-year, amounting to US$1.8 million in the quarter. However, the company posted a net loss of US$884,000 in the quarter, compared with a loss of US$244,000 in the same quarter of last year.