Reach New Holdings Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CNY 15.98 million compared to CNY 18.3 million a year ago. Net loss was CNY 1.16 million compared to net income of CNY 3.84 million a year ago. Basic loss per share from continuing operations was CNY 0.0014 compared to basic earnings per share from continuing operations of CNY 0.0045 a year ago.
For the nine months, sales was CNY 52.75 million compared to CNY 56.31 million a year ago. Net loss was CNY 4.58 million compared to net income of CNY 2.85 million a year ago. Basic loss per share from continuing operations was CNY 0.0054 compared to basic earnings per share from continuing operations of CNY 0.0033 a year ago.