Cloud Live Technology Group Co.,Ltd. Posted 30.2 Million Yuan Net Loss in First Quarter of 2023

Cloud Live Technology Group Co.,Ltd. (中科云网科技集团股份有限公司) (002306.SZ) reported a net loss of 30.2 million yuan in the first quarter of 2023, widening 3557.8% year-on-year.

Meanwhile, the company posted 41.5 million yuan in revenue, up 58.2% year-on-year.

At the end of the reporting period, it had 357.4 million yuan in total assets and 275.3 million yuan in total liabilities, with a liability-to-asset ratio of 77%.