UFI announces theme of 91st Global Congress

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Paris, 3rd September: UFI, The Global Association of the Exhibition Industry, will host its annual Global Congress in November in Cologne, Germany. The theme will be “Changes to Chances”.

The 91st UFI Global Congress will be hosted by Koelnmesse, the event will run from 20th to 23rd November 2024. Under this theme, the congress will examine the changes happening in the world and tackle the question how these changes will provide opportunities and changes for the exhibition sector.

DLG’s revenues up, but profits down in first half

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Shanghai, 30th August: Last week, DLG Exhibitions & Events (formerly Shanghai Lansheng Corporation) reported its financial results for the six months ended 30th June 2024. Revenues in the first half of 2024 were US$81 million, representing a year-on-year increase of 4.4%.

However, the company’s net profit dropped 57% year-on-year, down to US$11 million in the first half of 2024. Diluted earnings per share in the first half of the year were RMB 0.11 (US$0.015).

Made-in-China.com’s profits up 23% in first half

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Nanjing, 31st August: Shenzhen-listed Focus Technology, which owns and operates the B2B trading platform Made-in-China.com, announced its financial results for the six months ended 30th June 2024. Revenues were US$109 million, representing year-on-year growth of 7.4%.

Profit in the first half of 2024 increased by 23% year-on-year, reaching US$32 million. Diluted earnings per share in the first six months of the year were RMB 0.7385 (US$0.102).

Netsun posts loss in first half

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Hangzhou, 30th August: Last month, Shenzhen-listed Zhejiang Netsun, a B2B e-commerce platform, released its financial results for the six months ended 30th June 2024. The company’s revenues were US$34 million during the period, representing an increase of 10% over the first half of 2023.

However, the company posted a loss of US$421,000 in the first half of 2024, compared with a profit of US$1.6 million in the first half of 2023. The company attributed the loss to more than expected credit impairment losses.

Quick takes

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Kai Hattendorf resigns as UFI CEO

After almost ten years as UFI’s CEO, Kai Hattendorf last week announced that he will leave the role at the end of 2024. Under his leadership, UFI posted remarkable growth and expansion in its membership. Kai strengthened and expanded many of the key areas of UFI’s activities: research, education, advocacy and networking.

Messe Berlin appoints new Senior Vice President

International exhibition organiser, Messe Berline, announced the appointment of Igor Palka as its new Senior Vice President, effective September 2024. In the new role, he will manage the Tech portfolio, New Business Development, the Business Insights Unit, and oversee all the company’s foreign representatives.

AEO appoints Rachel Swann as New Chair

The Association of Event Organisers (AEO) appointed its new chair, Rachel Swann, chief operating officer of the energy division at dmg events. She will focus on Future Proofing the AEO for the next generation for the next year.

in-cosmetics Korea 2024 with record attendance

Co-located with Intercharm, RX Global’s in-cosmetics Korea 2024 concluded at COEX in Seoul. The event attracted over 16,700 visitors, which represents 30% higher attendance than the 2023 edition.