Cloud Live Technology Group Co.,Ltd. Posted 3.4 Million Yuan Net Loss in First Half of 2022

Cloud Live Technology Group Co.,Ltd. (中科云网科技集团股份有限公司) (002306.SZ) reported a net loss of 3.4 million yuan in the first half of 2022, reversing a net profit of 1.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 53.5 million yuan in revenue, down 76.4% year-on-year.

At the end of the reporting period, it had 170.1 million yuan in total assets and 84.5 million yuan in total liabilities, with a liability-to-asset ratio of 49.7%.