Langfang Development Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 212.57 million compared to CNY 220.81 million a year ago. Revenue was CNY 213.49 million compared to CNY 220.81 million a year ago.

Net loss was CNY 8.38 million compared to net income of CNY 2.03 million a year ago. Basic loss per share from continuing operations was CNY 0.022 compared to basic earnings per share from continuing operations of CNY 0.0053 a year ago. Diluted loss per share from continuing operations was CNY 0.022 compared to diluted earnings per share from continuing operations of CNY 0.0053 a year ago.