ATA Creativity Global reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CNY 52.1 million compared to CNY 55.3 million a year ago. Net loss was CNY 11.99 million compared to CNY 26.2 million a year ago. Basic loss per share from continuing operations was CNY 0.38 compared to CNY 0.84 a year ago.
For the nine months, sales was CNY 128.28 million compared to CNY 129.65 million a year ago. Net loss was CNY 49.91 million compared to CNY 31.1 million a year ago. Basic loss per share from continuing operations was CNY 1.6 compared to CNY 1.06 a year ago.