Cambricon Technologies Corporation Limited Posted 830.6 Million Yuan Net Loss in First Three Quarters of 2023

Cambricon Technologies Corporation Limited (中科寒武纪科技股份有限公司) (688256.SH) reported a net loss of 830.6 million yuan in the first three quarters of 2023, narrowing 15.5% year-on-year.

Meanwhile, the company posted 145.8 million yuan in revenue, down 44.8% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 701 million yuan in total liabilities, with a liability-to-asset ratio of 10.7%.