Cloud Live Technology Group Co.,Ltd. Posted 117 Million Yuan Net Loss in First Three Quarters of 2023

Cloud Live Technology Group Co.,Ltd. (中科云网科技集团股份有限公司) (002306.SZ) reported a net loss of 117 million yuan in the first three quarters of 2023, widening 1639.1% year-on-year.

Meanwhile, the company posted 144.8 million yuan in revenue, up 80.8% year-on-year.

At the end of the reporting period, it had 631.9 million yuan in total assets and 506.9 million yuan in total liabilities, with a liability-to-asset ratio of 80.2%.