Meorient cuts loss

Shanghai, 30th August: Shenzhen-listed exhibition organiser Meorient released its financial results for the six months ended 30th June 2022. The group’s revenues in the first half of 2022 grew 46% year-on-year, reaching US$14 million. The company reduced its loss to US$2.2 million in the first six months, compared to a loss of US$3.6 million for the same period in 2021.

In the first half of 2022, Meorient held a total of nine hybrid shows in eight countries, presenting some 1,100 exhibitors and attracting nearly 150,000 visitors. In addition, the company held digital exhibitions serving nearly 1,000 exhibitors in 24 provinces in China.