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Results of the service sector survey 2017 (Real estate management, security, cleaning, advertising and conference & exhibition organising services)


Information from the Statistics and Census Service (DSEC) indicated that a total of 230 establishments were engaging in Real Estate Management Services in 2017, an increase of 13 year-on-year. Number of persons engaged rose by 18.2% to 6,201 (60.8% of them were property caretakers/doorkeepers). Receipts of the industry amounted to MOP 1.71 billion, up by 22.5%. Expenditure increased by 29.0% to MOP 1.49 billion, of which Compensation of Employees (MOP 738 million) and Operating Expenses (MOP 521 million) rose by 22.6% and 25.1% respectively; Purchase of Goods/Services & Commission Paid (MOP 229 million) surged by 69.3%, on account of an increase in purchase of services by large establishments. Gross Value Added that measures the sectoral contribution to the economy (MOP 963 million) grew by 13.9% whereas Gross Surplus (MOP 225 million) dropped by 7.7%. Meanwhile, Gross Fixed Capital Formation totalled MOP 15.41 million, up by 17.4%.

There were 54 establishments providing Security Services, up by 9 year-on-year. Number of persons engaged increased by 4.8% to 9,630 (81.1% of them were security guards and 11.1% were property caretakers/doorkeepers). Receipts of the industry totalled MOP 1.99 billion, up by 5.3%. Expenditure grew by 5.1% to MOP 1.79 billion, with Compensation of Employees (MOP 1.66 billion) accounting for 92.3%. Gross Value Added (MOP 1.85 billion) and Gross Surplus (MOP 192 million) of the industry rose by 7.3% and 8.6% respectively. Meanwhile, Gross Fixed Capital Formation tumbled by 52.4% to MOP 5.80 million as a result of a reduction in acquisition of machinery and equipment.

A total of 214 establishments were operating in Cleaning Services in 2017, an increase of 38 year-on-year. Number of persons engaged went up by 9.0% to 9,026 (cleaning workers took up 90.3% of total). Receipts of the industry amounted to MOP 1.21 billion, up by 8.8%. Expenditure rose by 9.5% to MOP 1.09 billion, with the majority being Compensation of Employees (MOP 872 million) and Operating Expenses (MOP 170 million), up by 7.8% and 18.3% respectively. Gross Value Added went up by 7.1% to MOP 989 million and Gross Surplus grew by 2.1% to MOP 117 million. Gross Fixed Capital Formation of the industry totalled MOP 12.31 million, up by 1.3%.

Number of establishments operating in Advertising Services increased by 36 year-on-year to 675; yet, number of persons engaged dropped by 13.7% to 1,851. Receipts of the industry increased by 9.4% to MOP 859 million, with 65.8% being generated from Advertising Services, at MOP 565 million, up by 26.1% year-on-year. Meanwhile, receipts from providing Services for Conferences, Exhibitions and Other Events dropped by 17.4% to MOP 259 million, constituting 30.1% of the total. Expenditure of the industry amounted to MOP 803 million, up by 7.9%, with that on Purchase of Goods/Services & Commission Paid (MOP 409 million) rising by 8.5%. Gross Value Added of the industry (MOP 298 million) grew by 7.5% and Gross Surplus (MOP 54.94 million) surged by 44.0%. Gross Fixed Capital Formation soared by 63.5% year-on-year to MOP 27.32 million, owing to an uplift in acquisition of machinery and equipment.

A total of 98 establishments engaged in Conference & Exhibition Organising Services, an increase of 18 year-on-year. Number of persons engaged rose by 24.1% to 427. Receipts of the industry grew by 4.4% year-on-year to MOP 405 million, of which those generated from providing Services for Conferences, Exhibitions and Other Events grew by 17.8% to MOP 296 million (73.0% of total); meanwhile, receipts from Advertising Services totalled MOP 25.90 million (6.4% of total). Expenditure amounted to MOP 374 million, up by 8.6%, with that on Purchase of Goods/Services & Commission Paid increasing by 2.6% to MOP 251 million. Gross Value Added rose by 4.2% to MOP 107 million, whereas Gross Surplus slid by 29.3% to MOP 30.79 million. Gross Fixed Capital Formation jumped by 202.4% to MOP 5.49 million, attributable to an increase in acquisition of machinery and equipment.



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