Results of the Service Sector Survey 2016 (Real estate management, security, cleaning, advertising and conference & exhibition organising services)
2017-10-13 14:52:00

Results of the Service Sector Survey 2016 (Real estate management, security, cleaning, advertising and conference & exhibition organising services)

Source: Statistics and Census Service

Information from the Statistics and Census Service (DSEC) indicated that a total of 217 establishments were engaging in Real Estate Management Services in 2016, an increase of 8 year-on-year. Number of persons engaged rose by 5.4% to 5,217; among them, 62.0% (3,236) were property caretakers/doorkeepers. Receipts of the industry amounted to MOP 1.39 billion, up by 8.0% year-on-year. Expenditure increased by 9.5% to MOP 1.12 billion, of which Compensation of Employees (MOP 589 million) and Operating Expenses (MOP 417 million) rose by 14.3% and 2.1% respectively. Gross Value  Added  that  measures  the  sectoral  contribution  to  the  economy  grew  by 10.2% year-on-year to MOP 850 million and Gross Surplus went up by 2.1% to MOP 260 million. Meanwhile, Gross Fixed Capital Formation tumbled by 94.3% year-on-year to MOP 13.08 million on account of a reduction in acquisition of properties.

There were 44 establishments providing Security Services, up by 5 year-on-year. Number of persons engaged rose slightly by 0.5% to 9,084, and 69.4% of them (6,300) were security guards. Receipts amounted to MOP 1.86 billion, up by 9.1% year-on-year. Expenditure grew by 10.2% to MOP 1.70 billion, with Compensation of Employees (MOP 1.54 billion) predominating at 90.6%. Gross Value Added (MOP 1.70 billion) increased by 8.6% whereas Gross Surplus (MOP 158 million) decreased by 2.9%. Gross Fixed Capital Formation of the industry dropped by 1.7% to MOP 12.04 million.

A total of 176 establishments were operating in Cleaning Services in 2016, an increase of 13 year-on-year. Number of persons engaged went up by 13.8% to 8,284, with 90.8% (7,520)  being  cleaning  workers.  Receipts of  the  industry  increased  by  13.5% year-on-year to MOP 1.11 billion. Driven by a 16.5% growth in Compensation of Employees (MOP 808 million), expenditure rose by 16.8% to MOP 1.00 billion. Gross Value Added rose by 12.7% year-on-year to MOP 923 million, while Gross Surplus dropped by 8.6% to MOP 114 million. Gross Fixed Capital Formation of the industry totalled MOP 12.15 million, down by 21.5% year-on-year.

Number  of  establishments  operating  in  Advertising Services increased by 38 year-on-year to 639; yet number of persons engaged dropped by 1.6% to 2,148, with employees accounting for only 69.3% of the total. Receipts of the industry decreased by 14.5% year-on-year to MOP 784 million, of which those from Advertising Services (including design services and media dissemination) dropped by 21.6% to MOP 444 million; meanwhile, receipts from providing Services for Conferences & Exhibitions and Other Events rendered by some Advertising establishments expanded by 31.6% to MOP 313 million (39.9% of total). Expenditure amounted to MOP 743 million, down by 7.6% year-on-year, with expenditure on Purchase of Goods/Services & Commission dropping by 10.0% to MOP 379 million. Gross Value Added of the industry totalled MOP 277 million, down by 17.3% year-on-year. As the decline in receipts outpaced that in expenditure, Gross Surplus fell by 65.3% to MOP 38.06 million. Gross Fixed Capital Formation tumbled by 72.0% year-on-year to MOP 16.67 million, owing to a reduction in acquisition of motor vehicles.

A total of 80 establishments were operating in Conference & Exhibition Organising Services, an increase of 13 year-on-year. Number of persons engaged decreased by 7.8% to 344. Receipts of the industry grew by 23.9% year-on-year to MOP 388 million, of which 64.8% were generated from providing Services for Conferences & Exhibitions and Other Events, at MOP 252 million, a rise of 3.6%. Expenditure amounted to MOP 344 million, up by 13.4%. Gross Value Added expanded by 47.6% year-on-year to MOP 103 million. With the growth in receipts exceeding that in expenditure, Gross Surplus soared by 337.1% to MOP 44.21 million. Gross Fixed Capital Formation totalled MOP 1.82 million, down by 15.1% year-on-year.


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