Ambow Education Holding Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was CNY 109.93 million compared to CNY 172.25 million a year ago. Net loss was CNY 71.45 million compared to net income of CNY 22.44 million a year ago. Basic loss per share from continuing operations was CNY 3.06 compared to basic earnings per share from continuing operations of CNY 0.96 a year ago.
For the six months, revenue was CNY 204.04 million compared to CNY 301.86 million a year ago. Net loss was CNY 89.02 million compared to net income of CNY 8.11 million a year ago. Basic loss per share from continuing operations was CNY 3.8 compared to basic earnings per share from continuing operations of CNY 0.34 a year ago.