ATA Creativity Global reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CNY 59.45 million compared to CNY 52.1 million a year ago. Net loss was CNY 7.25 million compared to CNY 11.99 million a year ago. Basic loss per share from continuing operations was CNY 0.24 compared to CNY 0.38 a year ago.
For the nine months, sales was CNY 138.01 million compared to CNY 128.28 million a year ago. Net loss was CNY 42.22 million compared to CNY 49.91 million a year ago. Basic loss per share from continuing operations was CNY 1.34 compared to CNY 1.6 a year ago.