ATA Creativity Global reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was CNY 78.54 million compared to CNY 72.56 million a year ago. Net income was CNY 2.02 million compared to net loss of CNY 2.55 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to basic loss per share from continuing operations of CNY 0.08 a year ago.
For the full year, sales was CNY 206.82 million compared to CNY 202.21 million a year ago. Net loss was CNY 47.89 million compared to CNY 33.65 million a year ago. Basic loss per share from continuing operations was CNY 1.52 compared to CNY 1.14 a year ago.