Tangel Culture Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 587.33 million compared to CNY 503.33 million a year ago. Revenue was CNY 605.84 million compared to CNY 505.47 million a year ago.

Net loss was CNY 329.3 million compared to CNY 678.24 million a year ago. Basic loss per share from continuing operations was CNY 0.39 compared to CNY 0.81 a year ago. Diluted loss per share from continuing operations was CNY 0.39 compared to CNY 0.81 a year ago.