Shenzhen Clou Electronics Co.,Ltd. Posted 124.6 Million Yuan Net Loss in First Three Quarters 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 124.6 million yuan in the first three quarters of 2022, narrowing 46.3% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 6% year-on-year.

At the end of the reporting period, it had 9.3 billion yuan in total assets and 8.5 billion yuan in total liabilities, with a liability-to-asset ratio of 90.9%.