Shanghai New Culture Media Group Co., Ltd. reported earnings results for the nine months ended September 30, 2022. For the nine months, the company reported sales was CNY 90.41 million compared to CNY 128.29 million a year ago. Revenue was CNY 90.41 million compared to CNY 128.29 million a year ago.

Net loss was CNY 69.52 million compared to CNY 167.3 million a year ago. Basic loss per share from continuing operations was CNY 0.0862 compared to CNY 0.2075 a year ago. Diluted loss per share from continuing operations was CNY 0.0862 compared to CNY 0.2075 a year ago.