Cambricon Technologies Corporation Limited Posted 1 Billion Yuan Net Loss in First Three Quarters 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 1 billion yuan in the first three quarters of 2022, widening 56.2% year-on-year.

Meanwhile, the company posted 264.4 million yuan in revenue, up 18.9% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 741.8 million yuan in total liabilities, with a liability-to-asset ratio of 12.4%.