Apr 27, 2022 08:00 AM

Montnets Cloud Technology Group Co.,Ltd. Posted 41.4 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Montnets Cloud Technology Group Co.,Ltd. (梦网云科技集团股份有限公司) (002123.SZ) reported a net loss of 41.4 million yuan in the first quarter of 2022, reversing a net profit of 46.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 692.8 million yuan in revenue, up 11.1% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 34.1%.

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