Meorient manages to increase revenues

Hangzhou, 26th October: Meorient, a Chinese exhibition organiser listed in Shenzhen, has announced its financial results for the first nine months of 2021. Revenues in the period were US$15 million, an increase of 52% year-on-year.

Meorient’s management highlighted the fact that the company launched a series of digital exhibitions beginning in April 2020, which served to support its revenue base.

The company posted a net loss of US$6.3 million in the first nine months of the year. That is not far off the loss of US$7.5 million recorded in the same period last year.