Citic Guoan Wine CO.,LTD reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 141.29 million compared to CNY 211.24 million a year ago. Revenue was CNY 146.39 million compared to CNY 217.23 million a year ago.

Net loss was CNY 880.86 million compared to net income of CNY 16.9 million a year ago. Basic loss per share from continuing operations was CNY 0.78 compared to basic earnings per share from continuing operations of CNY 0.02 a year ago. Diluted loss per share from continuing operations was CNY 0.78 compared to diluted earnings per share from continuing operations of CNY 0.02 a year ago.