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Cityneon posts 80.4% surge in 1Q earnings to $4 mil on higher IP revenue

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
Cityneon posts 80.4% surge in 1Q earnings to $4 mil on higher IP revenue
SINGAPORE (May 11): Cityneon Holdings announced an 80.4% surge in earnings to $4.0 million for the 1Q ended March from $2.2 million a year ago.
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SINGAPORE (May 11): Cityneon Holdings announced an 80.4% surge in earnings to $4.0 million for the 1Q ended March from $2.2 million a year ago.

1Q18 revenue jumped 38.4% to $23.5 million, from $16.9 million a year ago.

The increase in revenue is almost entirely contributed by the Intellectual Properties Experience (IPE) segment, which now contributes 62.2% of the total revenue, from 43.8% a year ago.

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