HB Global Limited reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was CNY 20.23 million compared to CNY 39.62 million a year ago. Net loss was CNY 143.11 million compared to CNY 15.68 million a year ago. Basic loss per share from continuing operations was CNY 0.184 compared to CNY 0.0204 a year ago.
For the full year, sales was CNY 76.07 million compared to CNY 131.46 million a year ago. Net loss was CNY 164.87 million compared to CNY 37.33 million a year ago. Basic loss per share from continuing operations was CNY 0.212 compared to CNY 0.0485 a year ago.