Shanghai New Culture Media Group Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 35.17 million compared to CNY 87.03 million a year ago. Revenue was CNY 39.71 million compared to CNY 87.34 million a year ago.

Net loss was CNY 50.99 million compared to CNY 92.75 million a year ago. Basic loss per share from continuing operations was CNY 0.0632 compared to CNY 0.115 a year ago. Diluted loss per share from continuing operations was CNY 0.0632 compared to CNY 0.115 a year ago.