The group’s four other traditional businesses – interior architecture, events, exhibitions and experiential experience – also showed a positive turnaround in the half-year amid competitive business environment in the sectors, says Cityneon in its press release on Monday.
SINGAPORE (Aug 14): Cityneon Holdings announced earnings of $7.7 million for the 1H17 ended June, up 62.4% from $4.7 million in 1H16.
Revenue for the quarter grew 7.3% to $49.7 million from $46.3 million a year ago, driven primarily from a 60.8% surge in contribution from the group’s Intellectual Property Rights (IPR) segment to $16.5 million from $10.2 million in the previous year.
