Cloudwalk Technology Reports First Three Quarters Results with Net Loss of 102 Million Yuan

Stock News10-30

Cloudwalk Technology Co.,Ltd. (688327.SH) has released its third quarter report for 2026.

For the first three quarters, the company recorded operating revenue of 131 million yuan, representing a year-on-year decline of 63.25%. The net loss attributable to shareholders of the listed company was 102 million yuan, while the net loss attributable to shareholders after deducting non-recurring gains and losses stood at 127 million yuan. Basic earnings per share came in at -0.1 yuan.

The year-on-year decrease in operating revenue during the first three quarters was primarily due to the concentration of certain computing power construction projects that were accepted and had their revenue recognized in the same period last year, creating a relatively high comparative base, while the scale of project acceptance and revenue recognition for such projects decreased year-on-year in the current period.

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