Hangzhou Raycloud Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2022. For the nine months, the company reported sales was CNY 370.04 million compared to CNY 396.44 million a year ago. Revenue was CNY 370.04 million compared to CNY 396.44 million a year ago.

Net loss was CNY 111.78 million compared to CNY 30.26 million a year ago. Basic loss per share from continuing operations was CNY 0.28 compared to CNY 0.08 a year ago. Diluted loss per share from continuing operations was CNY 0.28 compared to CNY 0.08 a year ago.