Annual revenue of Asiaray Media Group 2021-2023

Published by
Lai Lin Thomala,
Nov 21, 2024

From 2021 to 2023, the annual revenue of Asiaray Media Group experienced a significant decline. In 2023, the Hong Kong-based out-of-home media company reported a total revenue of 2.23 billion yuan, showing a decrease of 15 percent compared to 2021. Several factors, such as the lingering effects of the COVID-19 pandemic, reduced demand for outdoor advertising, and broader economic challenges, likely impacted the company's core operations and led to a revenue downturn.

Annual revenue of Asiaray Media Group from 2021 to 2023 (in million yuan)

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Release date

April 2024

Region

China

Survey time period

2021 to 2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of October 2024).

Values have been rounded for a better understanding.

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