DLG Exhibitions’ down 65% in revenues

Shanghai, 28th October: DLG Exhibitions & Events (formerly known as Shanghai Lansheng), a Shanghai-listed exhibition organiser and conglomerate, has released its results for the nine months ended 30th September 2022.

The company generated revenues of US$30 million, representing a massive year-on-year decrease of 65%. The decrease was due to China’s unending and aggressive approach to managing the COVID-19 pandemic.

The company posted a net loss of US$812,000 in the nine-month period, compared with a net profit of US$12 million in the same period in 2021.