Sino Splendid widens loss in FY2022

Hong Kong, 31st March: Hong Kong-listed Sino Splendid (formerly China.com) announced its results for the financial year ended 31st December 2022. The company reported revenues of US$8.5 million in the year, up by 4.1% compared with 2021.

The company’s management attributed the increase in revenues to improving income from its financial publications as well as its other media businesses. The company’s loss, however, widened from US$2.8 million in 2021 up to US$5.5 million in 2022.