Meorient’s profit up 274% in FY2023

Hangzhou, 27th March: Earlier this week, Meorient, a Chinese exhibition organiser listed in Shenzhen, released its results for the year ended 31st December 2023. Revenues jumped 140% year-on-year, reaching US$118 million.

The company posted a net profit of US$27 million in the year, growing 274% over the previous year. Diluted earnings per share in 2023 were RMB 1.23 (US$0.1734). In 2023, Meorient organised multiple overseas exhibitions with a total net area of 120,000 m2, featuring 8,800 overseas exhibitors and 13,000 booths.