Shenzhen Clou Electronics Co.,Ltd. Posted 142.3 Million Yuan Net Loss in First Half of 2023

Shenzhen Clou Electronics Co.,Ltd. (深圳市科陆电子科技股份有限公司) (002121.SZ) reported a net loss of 142.3 million yuan in the first half of 2023, narrowing 18.8% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 12.3% year-on-year.

At the end of the reporting period, it had 9.4 billion yuan in total assets and 8 billion yuan in total liabilities, with a liability-to-asset ratio of 85.4%.