China World Trade Corporation (CWTC) has announced second quarter travel-related revenue growth and net profit for the quarter ended June 30, 2005.

Consolidated operating revenue for the three-month period ended June 30, 2005 was $1,697,000, compared to $336,000 for the same corresponding period in year 2004, an increase of $1,361,000 or 405.1%. The increase was mainly the result of an increase in revenues generated from the company's business segments.

Of the $1,697,000 revenue in the three-month period ended June 30, 2005, approximately $216,000 or 12.7% was generated from providing club related services by Guangzhou World Trade Center Club and Beijing World Trade Center Club.

$1,091,000 or 64.3% was generated from business travel services resulting from the acquisition of the New Generation Group.

$325,000 or 19.2% from business value-added services, and the remaining $65,000 or 3.8% from other businesses.

The acquisition of New Generation and the continuous development of China WTC's business value-added services should continue to contribute positively to the company's operating revenue.