Meorient posts small profit in Q1

Hangzhou, 28th April: Last week, Meorient released its results for the quarter ended 31st March 2023. Meorient is a Shenzhen-listed exhibition organiser that focuses on taking Chinese business overseas to exhibit at its own trade shows in a variety of markets in the Middle East, Africa, Eastern Europe and South America.

Meorient’s revenues jumped 130% year-on-year, reaching US$9.8 million. The company posted a net profit of US$155,000 in the quarter, compared with a net loss of US$2.7 million in the first quarter of 2021.