Cambricon Technologies Corporation Limited Posted 1.3 Billion Yuan Net Loss in 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 1.3 billion yuan in 2022, widening 59.7% year-on-year.

Meanwhile, the company posted 729 million yuan in revenue, up 1.1% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 830.6 million yuan in total liabilities, with a liability-to-asset ratio of 14.4%.