Modern Media Holdings Limited operates in the Periodicals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Modern Media Holdings Limited with three other
magazine publishers in Asia:
Itmedia Inc
of JAPAN
(2019
sales of 4.95 billion Japanese Yen [US$46.04 million]
of which 55%
was Media Advertising Business),
Chuco Co Ltd
of JAPAN
(7.13 billion Japanese Yen [US$66.34 million]
), and
Arbeit-Times Co Ltd
which is
also
based in JAPAN
(5.47 billion Japanese Yen [US$50.86 million]
).
Sales Analysis.
Modern Media Holdings Limited reported sales of HK$506.48 million (US$65.33 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 4.7%
versus 2018, when the company's sales were HK$531.49 million.
Contributing to the drop in overall sales was the 15.6% decline
in Print Media and Art, from HK$358.82 million to HK$302.88 million.
.
However, these declines were partially offset by the increase in sales of
Digital Media (up 14.6% to HK$209.70 million)
.