Zhejiang Meorient Commerce&Exhibition Inc. Posted 669,695 Yuan Net Loss in First Quarter of 2023

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 669,695 yuan in the first quarter of 2023, narrowing 96.1% year-on-year.

Meanwhile, the company posted 67.9 million yuan in revenue, up 129.8% year-on-year.

At the end of the reporting period, it had 723.1 million yuan in total assets and 262 million yuan in total liabilities, with a liability-to-asset ratio of 36.2%.