Modern Avenue Group Co., Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 289.54 million compared to CNY 229.89 million a year ago. Net loss was CNY 89.05 million compared to CNY 41.4 million a year ago.

Basic loss per share from continuing operations was CNY 0.125 compared to CNY 0.0551 a year ago. Diluted loss per share from continuing operations was CNY 0.125 compared to CNY 0.0551 a year ago.