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Global Sources Launches Two New Verticals

Global Sources officially announced the launch of its fashion vertical as well as a gifts & home vertical. The verticals connect buyers and suppliers across what Global Sources refers to as five media channels: an online marketplace, a magazine, alerts, a mobile app and their series of trade shows. Several co-located shows close today at AsiaWorld-Expo including Fashion Accessories, Garments ... Read More »

Global Sources Launches Gifts & Home Products Vertical

Global Sources has now fully launched its suite of services for the gifts and home products industries. The services connect a specialized community of buyers and suppliers through content, communication and five media channels — an online marketplace, a magazine, alerts, a mobile app and trade shows. Running from April 27 to 30 at AsiaWorld-Expo in Hong Kong, three co-located shows offer gift and home products ... Read More »

Global Sources to Open China Sourcing Fairs in Indonesia

Global Sources, has expanded its China Sourcing Fairs to Indonesia. The inaugural show will run from 7th to 9th August 2014 at the Jakarta International Expo (JI Expo), and feature more than 350 booths with exhibitors originating from Greater China. The company will launch three co-located China Sourcing Fairs covering: Electronics, Garments & Textiles, and Hardware & Building Materials. A ... Read More »

Global Sources’ Revenues Down 15%

NASDAQ-listed Global Sources revenues for 2013 were US$198 million, down 15% from the previous year.  However, net profit in 2013 grew moderately by 1.6%, to US$33 million using the IFRS accounting standard.  Diluted earnings per share in the year were US$0.91. More than 46% of Global Sources’ revenues were generated from its online services (US$91 million) – a drop of ... Read More »

Global Sources’ Q3 2013 Revenues Down 24%

Global Sources reported revenues of US$45 million, down 24% compared with the same quarter in 2012. Net profit attributable to shareholders in the quarter was US$5.4 million, a drop of 35% from the third quarter last year. Nearly half of Global Sources’ revenues were generated from online services, amounting US$22 million, a 26% decrease year-on-year. Print revenues dropped 19% to ... Read More »

Global Sources Q2 2013 Revenues Down 8% – Profit Up 73%

Global Sources revenues in the quarter were US$61 million, a year-on-year decrease of 8.0%.  Net profit attributable to shareholders was US$17 million in the period, a jump of 73% from 2012. Global Sources’ exhibitions business expanded to become its largest business segment during the quarter.  Revenues were up 9.1% to US$33 million, or 54% of total revenues. Online business accounted ... Read More »

Global Sources Revenue Down, Profit up

Earlier this week, NASDAQ-listed Global Sources released first quarter results for the period ended 31st March 2012. Revenues were US$31.3 million, down 20% compared with US$38.9 million recorded in the same quarter last year. However, net income attributable to the company’s shareholders in the period was up 81% from US$3.1 million in the first quarter in 2012 to US$5.6 million ... Read More »

Global Sources Full Year 2012 Revenue US$231.7 million – Up 3%

Global Sources announce its financial results for 2012.  Full year revenue was $231.7 million, as compared to $225.1 million.  IFRS net income was $32.2 million, or $0.90 per diluted share, as compared to $29.5 million, or $0.83 per diluted share.  Non-IFRS net income was $37.1 million, or $1.04 per diluted share, as compared to $33.7 million, or $0.95 per diluted ... Read More »

Global Sources’ Private Sourcing Events Deemed a Success in 2012

Global Sources announced the company’s series of Private Sourcing Events successfully served more than 320 sourcing teams from over 100 buying organisations in 2012. The company’s Private Sourcing Events match international buyers with pre-screened large-volume suppliers that can deliver quality products. In 2012, Global Sources reported that over 1,500 high-quality, one-to-one selling opportunities took place between buyers and suppliers. According ... Read More »

Global Sources’ Exhibition Revenue Jumped 159% in Q3

Global Sources released its third quarter results ended 30th September 2012. The company reported revenues of US$59 million, an increase of 26% compared with the same quarter in 2011. Net profit attributable to shareholders in the quarter was US$8.2 million, more than double the US$3.96 million recorded in the third quarter last year. Online revenues were US$30 million this quarter, ... Read More »

Global Sources’ Revenues in Q2 US$67 million

Global Sources reported its financial results for the quarter ended 30th June 2012. Revenues in the second quarter were US$66.8 million, mostly flat compared to last year’s US$66.5 million. Net profit attributable to shareholders was US$9.7 million, a drop of 3.6% from 2011’s US$10.1 million. Global Sources also released its half-year results for the six months ended 30th June. Revenues ... Read More »

Global Sources’ Online Revenue up 13%

This week, NASDAQ-listed Global Sources released first quarter results for the period ended 31st March 2012. Revenues were US$38.9 million, up 3.7% compared with US$37.5 million recorded in the same quarter last year. Net income attributable to the company’s shareholders in the period was US$3.1 million – a year-on-year decrease of 12% from US$3.5 million last year. Diluted earnings per ... Read More »