Ucloud Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 06, 2021 at 07:50 am EDT
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UCloud Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,505.853 million compared to CNY 911.534 million a year ago. Operating loss was CNY 313.545 million compared to CNY 75.540 million a year ago. Net loss was CNY 311.944 million compared to CNY 76.935 million a year ago. Basic loss per share from continuing operations was CNY 0.74 compared to CNY 0.19 a year ago.
UCloud Technology Co Ltd is a China-based company mainly engaged in providing third-party cloud computing services. The Company develops and provides basic resources such as computing, network, and storage, basic Internet technology architecture products built on these basic resources, as well as products such as big data and artificial intelligence products. The Company mainly provides services to users through three modes: public cloud, private cloud and hybrid cloud. The Company customers include Internet companies in interactive entertainment, mobile Internet and enterprise service fields, as well as companies in traditional industries such as finance, education institutions, new retail and smart manufacturing. The Company distributes its products within domestic market and to overseas markets.
UCLOUD TECHNOLOGY CO., LTD. 
