Tibet Development Co., Ltd. reported earnings results for the nine months ended September 30, 2022. For the nine months, the company reported sales was CNY 214.81 million compared to CNY 305.8 million a year ago. Revenue was CNY 214.81 million compared to CNY 305.8 million a year ago.

Net loss was CNY 42.8 million compared to CNY 13.2 million a year ago. Basic loss per share from continuing operations was CNY 0.16 compared to CNY 0.05 a year ago. Diluted loss per share from continuing operations was CNY 0.16 compared to CNY 0.05 a year ago.