Nova LifeStyle, Inc. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was USD 12.74 million compared to USD 12.56 million a year ago. Net loss was USD 17.1 million compared to USD 19.96 million a year ago.

Basic loss per share from continuing operations was USD 12.3 compared to USD 3.45 a year ago. Basic loss per share was USD 12.35 compared to USD 16.35 a year ago.