MCEC hosts 694 events during FY2022-23

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Melbourne, 3rd November: Melbourne Convention and Exhibition Centre (MCEC) exceed expectation in the financial year 2022-23, which is the first full year of operation since pandemic. A total of 694 events were held, bringing more than 2.6 million visitors and generating A$805 million (US$517) in economic impact for Victoria.

According to MCEC, of the events held at the venue during the year, 21 international, 70 national and 124 local meetings, conferences and exhibitions were hosted. The venue recorded some 89,000 visitors coming at 76 events in May, which is the biggest month in its history.

DLG Exhibitions’ revenues up 356%

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Shanghai, 28th October: DLG Exhibitions & Events (formerly known as Shanghai Lansheng), a Shanghai-listed exhibition organiser and conglomerate, has released its results for the nine months ended 30th September 2023. The company generated revenues of US$133 million, representing an impressive year-on-year growth of 356%.

The company posted a net profit of US$33 million in the first nine months of 2023, compared with a loss of US$812,000 in the same period of last year. Diluted earnings per share in the nine-month period were RMB 0.46 (US$0.063).

Netsun down in revenues and profits

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Hangzhou, 31st October: Shenzhen-listed Zhejiang Netsun, a B2B e-commerce platform, recently reported its financial results for the nine months ended 30th September 2023. The company’s revenues were US$44 million, representing a year-on-year decrease of 13% from the same period of 2023.

Net profit during the nine-month period posted a decrease of 9.8% year-on-year, down to US$2.1 million. Diluted earnings per share in the first nine months of 2023 were RMB 0.06 (US$0.0083).

Constellar launches new process technology trade event

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Singapore, 6th November: Constellar, a leading trade exhibition organiser in Singapore, will launch a new process technology trade event, Process Innovation Asia-Pacific – Power by ACHEMA, its partnership with DECHEMA Ausstellungs-GmbH (DECHEMA Exhibitions).

The new event will run from 19th to 21st November 2024, at Singapore Expo. It is expected to feature more than 200 exhibitors and attracting some 10,000 attendees from 20 countries and regions.