Welcome!

@DXWorldExpo Authors: Yeshim Deniz, Zakia Bouachraoui, Liz McMillan, Pat Romanski, Elizabeth White

News Feed Item

BlueFocus Announces Interim Report 2014, Both Revenue and Net Profit More than Double

BEIJING, Aug. 22, 2014 /PRNewswire/ -- BlueFocus Communications Group Co., Ltd. (hereafter referred to as "BlueFocus", stock symbol SZ.300058) announced its Interim Report 2014 today. During the half-year period, the company reported a gross operating revenue of RMB 2,628,267,700 (US$ 428 million), up 122.12% year over year, with net profit of RMB 301,665,500 (US$ 49.13 million), up 119.31% year over year. BlueFocus continues its digital strategy and global expansion while strengthening its core competences and market share.

As for overseas markets, according to the report, the revenue reached RMB 122,795,945 (US$ 20 million) nearly 5% of the total. This number is expected to keep accelerating in the future. Recently, BlueFocus appointed Holly Zheng as the Global President to run its burgeoning international operations. Based in the United States, she is responsible for the group's global business structure and management.

Since its IPO in 2010, BlueFocus has built a track record of "organic growth plus M&A" and committed itself to being a China-based, world-class marketing and communications conglomerate. Today, the company has extended its businesses into PR, digital marketing, advertising, media, etc. establishing itself as a comprehensive brand management service provider. In terms of its major offerings, PR services accounted for operating revenue of RMB 1.22 billion (US$ 198 million), up 67.12% year over year, and advertising of RMB 1.41 billion (US$ 229 million), up 208.60% year over year, and others of RMB 4.36 million (US$ 710,000) during the reporting period.

In terms of organic growth, BlueFocus has continuously enhanced its leading position in digital, further strengthened its expertise and core competence, created value for clients, and stimulated the robust and sustainable development of existing service offerings.

Also, BlueFocus has aligned its M&A targets to the strategy of digitalization, and further tapped into overseas markets under the mantra of "going global" following its investment in Huntsworth last year. In the first half of the year, BlueFocus completed the acquisition of We Are Social, a social media agency based in the UK with 8 offices worldwide, and Metta, the largest independent advertising company in Hong Kong. BlueFocus has thus sharpened its edge in creative and digital business.

The company will strive to keep a keen eye on new businesses and technologies while maintaining its leading position in current services in China. Aiming to provide clients the business-intelligence-based integrated communications services, BlueFocus commits to investing in big data, mobile Internet, e-commerce services and so on.

About BlueFocus

BlueFocus Communications Group Co., Ltd. is the leader for brand management solutions in the Chinese market. The Group's major service offerings cover digital marketing, public relations, advertising, event management, and international businesses.

BlueFocus was established in 1996 in Beijing. On February 26, 2010, it was listed on the Shenzhen Stock Exchange/Growth Enterprise Market (300058.SZ). It owns 12 subsidiaries, namely BlueDigital, Insight PR, Best Choice, Phluency, Dentsu BlueFocus, SNK, Eyes Media, Kingo Advertising, Bojie Media, BlueStrategy, We Are Social and Metta Communications. BlueFocus provides services for over 1,000 multinational corporations and leading Chinese enterprises. Its clients include more than 50 Fortune 500 companies in the IT, automobile, consumer goods, real estate, Internet, finance, and entertainment industries.

Headquartered in Beijing, BlueFocus has four regional branch companies and 23 local offices in the Chinese mainland, as well as a global network that covers Hong Kong, Taiwan, Singapore, North America and Europe. The Group employs over 3,000 talents worldwide. Revenue in 2013 reached RMB 3.58 billion (US$ 583 million).

SOURCE BlueFocus Communications Group Co., Ltd.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

DXWorldEXPO Digital Transformation Stories
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
In this Women in Technology Power Panel at 15th Cloud Expo, moderated by Anne Plese, Senior Consultant, Cloud Product Marketing at Verizon Enterprise, Esmeralda Swartz, CMO at MetraTech; Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems; Seema Jethani, Director of Product Management at Basho Technologies; Victoria Livschitz, CEO of Qubell Inc.; Anne Hungate, Senior Director of Software Quality at DIRECTV, discussed what path they took to find their spot within the tec...
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
DXWorldEXPO LLC announced today that Telecom Reseller has been named "Media Sponsor" of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.