Shanghai, 30th August: Shenzhen-listed exhibition organiser Meorient recently announced its financial results for the six months ended 30th June 2023. The group’s revenues in the first half of 2023 increased by 271% year-on-year, reaching US$49 million.

The company posted a net profit of US$11 million, compared with a loss of US$2.2 million for the same period in 2022. Diluted earnings per share in the six-month period were RMB 0.50 (US$0.069).