Cambricon Technologies Corporation Limited Posted 642.4 Million Yuan Net Loss in First Half of 2022

Cambricon Technologies Corporation Limited (中科寒武纪科技股份有限公司) (688256.SH) reported a net loss of 642.4 million yuan in the first half of 2022, widening 64% year-on-year.

Meanwhile, the company posted 171.8 million yuan in revenue, up 24.6% year-on-year.

At the end of the reporting period, it had 6.2 billion yuan in total assets and 660 million yuan in total liabilities, with a liability-to-asset ratio of 10.6%.