Montnets Cloud Technology Group Co.,Ltd.’s Net Profit Dropped 87.9% in First Three Quarters of 2022

Montnets Cloud Technology Group Co.,Ltd. (梦网云科技集团股份有限公司) (002123.SZ) reported a net profit of 9.9 million yuan in the first three quarters of 2022, down 87.9% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 28% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 34.9%.