Huawen Media Group reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 749.34 million compared to CNY 1,002.46 million a year ago. Revenue was CNY 759.13 million compared to CNY 1,009.53 million a year ago.

Net loss was CNY 683.49 million compared to net income of CNY 13.43 million a year ago. Basic loss per share from continuing operations was CNY 0.3422 compared to basic earnings per share from continuing operations of CNY 0.0067 a year ago. Diluted loss per share from continuing operations was CNY 0.3422 compared to diluted earnings per share from continuing operations of CNY 0.0067 a year ago.