Montnets Cloud Technology Group Co.,Ltd.’s Net Profit Dropped 99.7% in First Half of 2022

Montnets Cloud Technology Group Co.,Ltd. (梦网云科技集团股份有限公司) (002123.SZ) reported a net profit of 294,000 yuan in the first half of 2022, down 99.7% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 19.9% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 34.7%.