Home Capital Results

Cityneon FY17 earnings hit record high of $17.4 mil

Michelle Zhu
Michelle Zhu2/27/2018 11:33 PM GMT+08  • 3 min read
Cityneon FY17 earnings hit record high of $17.4 mil
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.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

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.

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.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now