Shanghai New Culture Media Group Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 126.04 million compared to CNY 142.44 million a year ago. Net loss was CNY 154.62 million compared to CNY 649.64 million a year ago.

Basic loss per share from continuing operations was CNY 0.19 compared to CNY 0.81 a year ago. Diluted loss per share from continuing operations was CNY 0.19 compared to CNY 0.81 a year ago.