Shenzhen Fountain Corporation reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 281.95 million compared to CNY 373.16 million a year ago. Revenue was CNY 283.74 million compared to CNY 383.54 million a year ago.

Net loss was CNY 156.06 million compared to net income of CNY 139.04 million a year ago. Basic loss per share from continuing operations was CNY 0.1474 compared to basic earnings per share from continuing operations of CNY 0.1313 a year ago. Diluted loss per share from continuing operations was CNY 0.1474 compared to diluted earnings per share from continuing operations of CNY 0.1313 a year ago.