Nano labs announces second half of 2023 financial results

Hangzhou, china, march 18, 2024 (globe newswire) -- nano labs ltd (nasdaq: na) (“we,” the “company” or “nano labs”), a leading fabless integrated circuit design company and product solution provider in china, today announced its unaudited financial results as of december 31, 2023 and for the six months ended december 31, 2023 second half of 2023 financial highlights net revenue was rmb26.1 million (us$3.7 million) for the second half of 2023, compared to rmb603.0 million in the same period of 2022. gross loss was rmb40.6 million (us$5.7 million) for the second half of 2023, compared to a gross profit of rmb53.8 million in the same period of 2022.
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