Tang Palace (China) Holdings Limited reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 941.96 million compared to CNY 1,361.3 million a year ago. Net loss was CNY 150.93 million compared to net income of CNY 40.57 million a year ago.

Basic loss per share from continuing operations was CNY 0.1404 compared to basic earnings per share from continuing operations of CNY 0.0377 a year ago.