Meorient posts strong revenue growth and profit in FY2022

Hangzhou, 19th April: Earlier this week, Meorient, a Chinese exhibition organiser listed in Shenzhen, released its results for the year ended 31st December 2022. Revenues grew an impressive 92% year-on-year, reaching US$51 million.

The company posted a net profit of US$7.3 million in 2022, compared with a net loss of US$9.0 million in the previous year. Diluted earnings per share in the year were RMB 0.5 (US$0.073).