The Executive Centre Announces Record Revenue in FY2023 Annual Results
In terms of adjusted EBITDA, TEC witnessed a healthy YoY increase of 12%, reaching USD 56 million.
- In terms of adjusted EBITDA, TEC witnessed a healthy YoY increase of 12%, reaching USD 56 million.
- Greater China, with South Asia and the Middle East collectively, were also the most significant contributors at 37% and 34% respectively.
- Diving into data on revenue by service, TEC's insights revealed an uptrend in the use of physical meeting and event spaces.
- With its strong financial results and a proven business model, The Executive Centre is poised to maintain its leadership in the premium workspace sector as it celebrates 30 years of excellence this year.