Business Strategies Group

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Meorient’s revenues and profit fall in 2019

Hangzhou, 20th March: Last week, Meorient, one of the few listed exhibition organisers in China, released it results for the year ended 31st December 2019. The group’s 2019 revenues fell 2.5% year-on-year down to US$61 million.

Net profit for the year also slipped by 3.3%, amounting to a total of US$9.5 million. Diluted earnings per share in 2019 were RMB 0.83 (US$0.12).