Modern Avenue Group Co., Ltd. reported earnings results for the nine months ended September 30, 2022. For the nine months, the company reported sales was CNY 169.7 million compared to CNY 276.57 million a year ago. Revenue was CNY 169.7 million compared to CNY 276.57 million a year ago.

Net income was CNY 45.02 million compared to CNY 14.62 million a year ago. Basic earnings per share from continuing operations was CNY 0.0632 compared to CNY 0.0205 a year ago. Diluted earnings per share from continuing operations was CNY 0.0632 compared to CNY 0.0205 a year ago.