Shenzhen Clou Electronics Co.,Ltd. Posted 175.3 Million Yuan Net Loss in First Half of 2022

Shenzhen Clou Electronics Co.,Ltd. (深圳市科陆电子科技股份有限公司) (002121.SZ) reported a net loss of 175.3 million yuan in the first half of 2022, widening 6.9% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 1.4% year-on-year.

At the end of the reporting period, it had 8.3 billion yuan in total assets and 7.5 billion yuan in total liabilities, with a liability-to-asset ratio of 90.4%.