This was due to a near tripling of contributions from intellectual property rights (IPR) to $50.7 million from $17.7 million a year ago with the opening of Marvel’s Avengers S.T.A.T.I.O.N Exhibitions in Taipei, Beijing and Russia as well as the opening of the Transformers Autobots Alliance Exhibition in Chongqing, China.
SINGAPORE (Feb 27): Cityneon has announced FY17 earnings of $17.4 million, which marks a historical record high for the group and is more than double of FY16’s earnings of $6.7 million on higher revenue.
Revenue for the full year grew 20.7% to $116.7 million from $96.8 million in FY16, and saw an approximately 80% contribution from outside of Singapore.
