Sino Splendid limps out of the COVID era

Hong Kong, 31st March: Hong Kong-listed Sino Splendid (formerly China.com) announced its results for the financial year ended 31 December 2021. The company reported revenues of US$8.1m in 2021 compared with US$5.2m in 2020 – far below the US$14 million recorded in 2019.

The company’s loss narrowed slightly to US$2.8m in 2021 compared with US$3.0m in 2020. In 2019, the company recorded a loss of just US$342,000.