Global Sources Q3 2013 results

GlobalGlobal Sources Ltd. (NASDAQ: GSOL) reported financial results for the third quarter ended Sept. 30, 2013.

“While the current global retail environment remains challenged, our focus is to enhance the value we
provide to our customers by helping them buy or sell more effectively,” said Global Sources’
executive chairman, Merle A. Hinrich. “In our core export business, we just celebrated the 10th
anniversary of our China Sourcing Fairs. We were pleased with the overall performance of our series
of fall shows, which was led by our electronics show.

“China Sourcing Fair: Electronics & Components featured more than 4,100 booths and drew record
attendance. Particularly strong was our Mobile and Wireless pavilion, which is scheduled to be spun
off as an independent show along with a dedicated online vertical and magazine in 2014.”

Global Sources’ CFO, Connie Lai, said: “The China Sourcing Fairs in Miami and in Mumbai, India
moved from the third quarter last year to the second quarter and the fourth quarter of 2013,
respectively. This shift in timing of our trade shows, combined with the disappointing financial
performance of the FashionSZshow in July, impacted third quarter revenues and does not reflect the
long-term positive trend of our exhibitions business, and the success of our initiatives to combine the
best of online with trade shows.”

For the full announcement click Global Sources