Meorient’s revenues up 256%

Shanghai, 19th August: Last week, Shenzhen-listed exhibition organiser, Meorient released its financial results for the six months ended 30th June 2021. The group’s revenues in the first half of 2021 jumped 256% year-on-year to reach US$10 million. The company reduced its loss of US$7.6 million from the first six months of 2020 to US$3.6 million for the corresponding period in 2021.

The increase in revenues was due to the growth in income of Meorient’s digital events business. The company was able to host physical face-to-face exhibitions with the assistance of digital exhibitions.