Asiaray Media Group Ltd.
HHKEX:19930.40
HKD
-0.02
(-4.76%)
ISIN
KYG0623M1015
CUSIP
G0623M101
Return %
Stock
S&P 500
1Y
-42.86
14.20
3Y
-51.81
81.12
5Y
-70.37
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Tak Hing Lam
- Full Time Employees
- 473
- Sector
- Commercial services
- Industry
- Advertising/Marketing services
- Address
- Kornhill Plaza-Office Tower Hong Kong Hong Kong
- IPO Date
- Jan 15, 2015
- Website
- asiaray.com
- Similar Companies
- Business
- Asiaray Media Group Limited (HKSE: 1993) is an out-of-home advertising company in Greater China with a strategic focus on mega transport advertising media management, including airports, metro lines, high-speed rail lines, billboards and building solutions; the company develops and operates advertising media resources across airports, metro lines, billboards, building solutions, LED walls, shopping malls, bus shelters, interactive zones and rail networks. Founded in 1993 and headquartered in Quarry Bay, Hong Kong, Asiaray maintains an extensive network in nearly 40 major cities throughout Greater China and Singapore, holding exclusive concession rights at 22 airports (including 10 international airports), 15 metro lines (including Singapore's Thomson-East Coast MRT Line), 16 railway stations (such as High-Speed Rail Hong Kong West Kowloon Station and China-Laos Railway-Yumo Line), the Hong Kong-Zhuhai-Macao Bridge (Zhuhai Port), over 500 KMB bus shelters in Hong Kong, the Hong Kong Eastern Harbour Crossing, and more than 350 high-quality billboards and building solutions; it serves diverse clients across sectors like consumer goods, food and beverage, healthcare, insurance, wealth management, luxury brands and regional market leaders, primarily in Mainland China, Hong Kong, Macau and Southeast Asia, as a subsidiary of Media Cornerstone Limited. In recent developments, Asiaray achieved a net profit turnaround to RMB10.4 million in 2024 from a loss in 2023 through media resource optimization, divestment of underperforming assets, reacquisition of high-potential resources like Haikou Meilan International Airport on favorable terms, termination of loss-making contracts, cost discipline and internal restructuring; it secured exclusive concession rights for Hong Kong Eastern Harbour Crossing in August 2025, was awarded "regional headquarters of multinational corporations" status by Shanghai Municipal Government in July 2025, granted exclusive rights for nine Shenzhen metro lines in 2024, reported a first-half 2025 turnaround, and advanced its O&O New Media and DOOH+ strategies with programmatic partnerships including Hivestack, The Trade Desk and Vistar Media, earning 45 industry awards for innovative campaigns. The company operates in three main segments—airports (revenue RMB358.3 million in 2024), metro and billboards (RMB399.6 million), and bus and others (RMB311.4 million)—with overall revenue of RMB1,069.2 million in 2024, gross margin improving to 28.7% via efficiency gains, and approximately 600 employees supporting its focus on space management, digital innovations and client diversification amid economic recovery efforts.