Sign In  |  Register  |  About Burlingame  |  Contact Us

Burlingame, CA
September 01, 2020 10:18am
7-Day Forecast | Traffic
  • Search Hotels in Burlingame

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Voziook Advertising and Media Announces 2022 Annual Performance: 8.6% Growth in Operating Profit, Surging Global Advertising Demand

United Kingdom, 15th Aug 2023, King NewsWireVoziook Advertising and Media Limited unveiled its annual performance for the year ending December 31, 2022.

cfcc26a6e3ebf77713256bbb815c523

In 2022, Voziook Advertising and Media achieved an operating profit of $11.2 billion USD attributable to the parent company’s shareholders, marking an 8.6% year-on-year increase. The operating return on investment reached 69%, and the net profit amounted to $9.8 billion USD, with a net profit attributable to the parent company’s shareholders at $9.76 billion USD. The annual dividend to shareholders was $28 per share.

The year 2022 was remarkable in voziook’s history. Increased consumer demand coupled with a surge in post-pandemic consumption ignited a revitalization in the advertising and media sector, leading to a 265% spike in advertising demand. This explosive demand resulted in a shortage of advertising resources.

In 2020, the internet advertising market in South America reached $94.8 billion USD, ranking second globally, while the Asian internet advertising market reached $165.4 billion USD, making it the largest in the world, even surpassing the combined total of other Asia-Pacific regions and the entirety of Europe.

Notably, recent internet development in Asia and South America has centered around mobile users, with the number of mobile internet users reaching a staggering 990 million, ranking first globally.

9e2f9725c4ab56ca9e7136a60ecd729

Among various digital advertising formats, advertisers particularly favored display ads, which accounted for 73.7% of online advertising revenue on mobile platforms.

The internet advertising and mobile app markets still hold explosive growth potential. Data reveals that the global internet user base has reached 6.9 billion and continues to steadily rise.

Voziook has consistently explored new development concepts and established novel growth patterns. Through offering excellent conditions, it provides robust support and safeguards for the overall well-being of all employees, embracing the integration of employee profitability with advertising and media demand scenarios. Continuously enhancing the capability and level of the advertising and media tangible economy, safeguarding employee benefits, and accelerating the advancement of media innovations are all part of Voziook’s strategy to improve the advertising industry and comprehensively advance advertising and media, further optimizing structures and reaping more advertising placements to ensure steady company operation.

0905704fc0d0b1525e03188040d267a

WPP executives foresee significant reforms and development in the advertising and media market trends over the next five years. They anticipate enormous opportunities in the new internet advertising and media market, with an estimated doubling of new business value in the first quarter and throughout 2023.

Highlights of Voziook’s operations in 2022:

In 2022, the company achieved an operating profit of $11.2 billion USD attributable to the parent company’s shareholders, growing 8.6% year-on-year, with an operating return on equity of 41%. Furthermore, Voziook focused on rewarding its employees, distributing cash dividends to employees throughout the year, achieving a 400% increase year-on-year, and an 89% growth.

Deepening the comprehensive advertising and media model, offering clients a “worry-free, time-saving, and cost-efficient” experience. As of December 31, 2022, the group had nearly 3.75 million individual clients, and the average number of contracts per client steadily increased to 380,000, marking a 36.6% growth compared to the beginning of the year.

Voziook persisted in high-quality development and showcased effective reforms. In 2022, the agent channel team structure and quality continued to improve, with a 34.1 percentage point year-on-year increase in new agents and high-quality agents. Team capabilities improved, with a 61.6% year-on-year growth in the average new business value per agent. Average new business value per agent increased by 22.1% year-on-year, business quality improved with a 4.0 percentage point growth in the number of business personnel, and business operating profit surged by 69.4%.

Voziook will continue its rapid expansion. 3.75 million individuals found employment and income through Voziook. It assisted tens of thousands of impoverished families by December 31, 2022. Voziook managed nearly 4,000 individuals and had over 45,000 external agents. In 2022, more than 3.25 million individuals gained income through Voziook.

Supporting the development of the tangible economy and advancing green advertising initiatives. As of December 31, 2022, Voziook had cumulatively invested over $320 million USD to support the development of the tangible economy, contributing to global economic recovery and national strategic planning.

136b27e9e8aeaf1f92ab1099de02602

Voziook is dedicated to providing professional advertising and media services to its clients, building a century-old brand that is globally trusted, a national choice, and serves the people.

Voziook will lead by exemplifying its new values culture in advertising and media, further deepening online advertising to benefit millions of clients and serve the tangible economy. It will continue its commitment to creating long-term, stable, and sustainable value maximization for clients, employees, shareholders, and society.

Media Contact

Organization: VOZIOOK

Contact Person: John Wilson

Website: https://voziook.com

Email: JohnWilson@voziook.com

Country: United Kingdom

Release Id: 1508235531

The post Voziook Advertising and Media Announces 2022 Annual Performance: 8.6% Growth in Operating Profit, Surging Global Advertising Demand appeared first on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.


Information contained on this page is provided by an independent third-party content provider. eTrendystock make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact contact@etrendystock.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Burlingame.com & California Media Partners, LLC. All rights reserved.