Zhejiang Meorient Commerce&Exhibition Inc. Posted 17.2 Million Yuan Net Loss in First Quarter of 2022

Zhejiang Meorient Commerce&Exhibition Inc. (浙江米奥兰特商务会展股份有限公司) (300795.SZ) reported a net loss of 17.2 million yuan in the first quarter of 2022, narrowing 9.2% year-on-year.

Meanwhile, the company posted 29.5 million yuan in revenue, up 11.5% year-on-year.

At the end of the reporting period, it had 533.3 million yuan in total assets and 148.3 million yuan in total liabilities, with a liability-to-asset ratio of 27.8%.