Montnets Cloud Technology Group Co.,Ltd. Posted 742 Million Yuan Net Loss in 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 loss of 742 million yuan in 2022, widening 204.2% year-on-year.

Meanwhile, the company posted 4.2 billion yuan in revenue, up 30.9% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 45.5%.