Netsun’s profit grows 103% in first half

Hangzhou, 28th August: Earlier this week, Shenzhen-listed Zhejiang Netsun reported revenues of US$31 million for the six months ended 30th June 2018. This represents a year-on-year increase of 16%. Profits in the period increased impressively of 103%, reaching US$4.2 million.

Diluted earnings per share in the first half of 2018 were RMB0.11 (US$0.017). According to Netsun’s management, the positive performance was primarily driven by an increase in revenues at its chemical trading business unit.

Macau hosts 327 MICE events in Q2

Macau, 28th August: Macau’s Statistics and Census Service (DSEC) recently released its MICE statistics for the second quarter of 2018. In the quarter, a total of 327 MICE events were held in Macau, down 6 events compared with the same quarter in 2017. However, the total number of participants increased 1.7%to about 411,000 in the period.

According to DSEC, a total of 316 meetings and conferences were held in quarter, 6 events more than the previous year. The total number of participants was 98,000, representing a significant increase of 121% year-on-year. Nine exhibitions were held in period, down 2 exhibitions from the second quarter of 2017. The number of attendees decreased by 12%, at 308,000. The total gross size occupied by the exhibitions fell slightly by 3.3%, down to 81,000 m2.

C2 Melbourne cancelled as creator suddenly steps down

Melbourne, 24th August: C2 Melbourne was originally planned to be held from 17th to 19th October 2018, at Melbourne Convention and Exhibition Centre (MCEC). The event was eventually cancelled following the sudden departure of the event creator and C2’s CEO Asia-Pacific Martin Enault.

It is reported that Enault has cited health reason for his decision. According to the event venue, MCEC, they have invested a lot of marketing capital into the event and it is expected to attract some 2,500 participants. C2 Melbourne has been promoted in various international trade shows recently and Melbourne Convention Bureau (MCB) also supported the event.

Mega Oncology Conference held at Shenyang’s Expo

Shenyang, 28th August: Earlier this month, Shenyang New World Expo (EXPO) hosted the 2018 Chinese Conference on Oncology, one of the largest Chinese international conferences held in northeast China, attracting more than 18,000 delegates.

According to the venue, the conference occupied all areas within the venue, including the 24,000 m2 of exhibition/multi-purpose space and 4,000 m2 of meeting space. During the event, the venue provided F&B service, venue safety and security services and transportation logistics.