United Food Holdings Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was CNY 0.325 million compared to CNY 55.21 million a year ago. Net loss was CNY 1.09 million compared to net income of CNY 2.53 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to basic earnings per share from continuing operations of CNY 0.01 a year ago. Diluted loss per share from continuing operations was CNY 0.01 compared to diluted earnings per share from continuing operations of CNY 0.01 a year ago.
For the full year, sales was CNY 1.31 million compared to CNY 59.27 million a year ago. Net loss was CNY 10.14 million compared to CNY 2.38 million a year ago. Basic loss per share from continuing operations was CNY 0.05 compared to CNY 0.01 a year ago.