Qingcloud Technologies Corp. Posted 82.2 Million Yuan Net Loss in First Half of 2023

Qingcloud Technologies Corp. (北京青云科技股份有限公司) (688316.SH) reported a net loss of 82.2 million yuan in the first half of 2023, narrowing 46.7% year-on-year.

Meanwhile, the company posted 174.8 million yuan in revenue, up 11.4% year-on-year.

At the end of the reporting period, it had 559.8 million yuan in total assets and 291.7 million yuan in total liabilities, with a liability-to-asset ratio of 52.1%.