Ucloud Technology Co.,Ltd. Posted 502.2 Million Yuan Net Loss in First Three Quarters of 2021

Ucloud Technology Co.,Ltd. (优刻得科技股份有限公司) (688158.SH) reported a net loss of 502.2 million yuan in the first three quarters of 2021, widening 178.2% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 43% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 41.5%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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