Shifeng Cultural Development Co., Ltd. reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported sales was CNY 221.59 million compared to CNY 280.22 million a year ago. Revenue was CNY 221.59 million compared to CNY 280.22 million a year ago.

Net loss was CNY 10.63 million compared to net income of CNY 6.51 million a year ago. Basic loss per share from continuing operations was CNY 0.0895 compared to basic earnings per share from continuing operations of CNY 0.0543 a year ago. Diluted loss per share from continuing operations was CNY 0.0895 compared to diluted earnings per share from continuing operations of CNY 0.0543 a year ago.