Kaisa Jiayun Technology Inc. Posted 65.5 Million Yuan Net Loss in First Half of 2023

Kaisa Jiayun Technology Inc. (广东佳兆业佳云科技股份有限公司) (300242.SZ) reported a net loss of 65.5 million yuan in the first half of 2023, widening 96.5% year-on-year.

Meanwhile, the company posted 406.8 million yuan in revenue, down 61.9% year-on-year.

At the end of the reporting period, it had 654.3 million yuan in total assets and 234.8 million yuan in total liabilities, with a liability-to-asset ratio of 35.9%.