DLG posts 75% drop in revenues in first nine months

Shanghai, 27th October: DLG Exhibitions & Events (formerly known as Shanghai Lansheng) has released its results for the nine months ended 30th September 2021. The company generated revenues of US$92 million, a year-on-year decrease of 75%. However, net profit in the period grew 35%, reaching US$12 million. Diluted earnings per share in the first nine months of the year were RMB 0.15 (US$0.023). DLG is a Shanghai-listed exhibition organiser and conglomerate.

The company also announced its results for the quarter ended 30th September. Revenues in the quarter were US$39 million, a decrease of 73% compared with the same quarter in 2020.