Ucloud Technology Co.,Ltd. Posted 357.8 Million Yuan Net Loss in First Three Quarters of 2022

Ucloud Technology Co.,Ltd. (优刻得科技股份有限公司) (688158.SH) reported a net loss of 357.8 million yuan in the first three quarters of 2022, narrowing 28.8% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 36.4% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 31%.