Meorient’s performance down in first half
/Shanghai, 29th August: Shenzhen-listed exhibition organiser, Meorient, has recently announced its financial results for the six months ended 30th June 2025. The group’s revenues in the first half of 2025 dropped by 7.4% year-on-year, down to US$34 million.
The company posted a net profit of US$2.2 million, a year-on-year decline of 62%. Diluted earnings per share in the six-month period were RMB 0.05 (US$0.0070).
The company claimed the decrease in revenues to the cancellation of exhibitions (from 6 projects to 5 projects). While the decrease in net profits was mainly due to the implementation of foreign trade assistance and relief policies (lowering the threshold for foreign trade companies to participate in exhibitions) and the increase in AI development investment and marketing investment.
In the reported period, the company organised five exhibitions in four countries, which featured some 3,000 exhibitors, occupying over 100,000 m2 of exhibition space, and attracted over 110,000 buyers.
