Lawton Development Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CNY 9.25 million compared to CNY 29.7 million a year ago. Revenue was CNY 9.25 million compared to CNY 29.7 million a year ago. Net loss was CNY 6.6 million compared to CNY 6.85 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to CNY 0.02 a year ago. Diluted loss per share from continuing operations was CNY 0.02 compared to CNY 0.02 a year ago.
For the nine months, sales was CNY 23.8 million compared to CNY 65.27 million a year ago. Revenue was CNY 23.8 million compared to CNY 65.27 million a year ago. Net loss was CNY 31.05 million compared to CNY 24.77 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to CNY 0.06 a year ago. Diluted loss per share from continuing operations was CNY 0.07 compared to CNY 0.06 a year ago.