DLG returns to profit in first half

Shanghai, 26th August: Last week, DLG Exhibitions & Events Corporation Limited (formerly Shanghai Lansheng Corporation) reported its financial results for the six months ended 30th June 2023. Revenues in the first half of 2023 were US$78 million, representing a year-on-year increase of 398%.

The company recorded net profit of US$27 million in the first half of the year, compared with a loss of US$5.6 million in the first half of 2022. Diluted earnings per share in the first half of 2023 were RMB 0.36 (US$0.050).