Zhejiang Meorient Commerce&Exhibition Inc. Posted 80.7 Million Yuan Net Profit in First Half 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 profit of 80.7 million yuan in the first half of 2023, reversing a net loss of 19.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 353.4 million yuan in revenue, up 270.6% year-on-year.

At the end of the reporting period, it had 785.3 million yuan in total assets and 237.3 million yuan in total liabilities, with a liability-to-asset ratio of 30.2%.