Hangzhou Raycloud Technology Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 250.75 million compared to CNY 266 million a year ago. Revenue was CNY 250.83 million compared to CNY 266 million a year ago.

Net loss was CNY 77.69 million compared to CNY 22.98 million a year ago. Basic loss per share from continuing operations was CNY 0.19 compared to CNY 0.06 a year ago. Diluted loss per share from continuing operations was CNY 0.19 compared to CNY 0.06 a year ago.