VisionChina Media Inc., one of China’s largest DOOH networks on mass transportation systems, has announced its unaudited financial results for the year ended December 31, 2009.

Total revenues increased 16.0% year-on-year to $120.7 million. Net income attributable to VisionChina Media shareholders in the full-year 2009 decreased 43.2% to $26.6 million from $46.8 million in 2008.

“The decrease was primarily due to the challenging sales environment seen in 2009 compared to 2008 deriving from the global economic recession. As a result, revenue growth did not expand in line with costs as the Company expanded in 2009”, said the company.

Mr. Limin Li, VisionChina Media’s chairman and chief executive officer, also commented, “Although the challenges faced by our industry throughout a difficult 2009 extended into the fourth quarter, we were pleased to end the year above our own expectations. Our most significant and important corporate development in 2009 was our decision to acquire Digital Media Group, which closed in the beginning of 2010. Our combined platform has enabled us to increase the depth and breadth of our network, reinforce our ability to offer our clients an integrated advertising solution on both bus and subway advertising platforms in certain cities across China and help reduce competitive pressure. We are currently integrating our acquisition of Digital Media Group and are optimistic about the long-term benefits presented by our strengthened competitive position.”