Jia Nan Yun Zhi's total revenue for 2022 was 630 million USD, with profits down 38% year-on-year

ChainCatcher news, Bitcoin mining hardware manufacturer Canaan Inc. (NASDAQ: CAN) announced its financial results for the fourth quarter and the full year of 2022. In the fourth quarter of 2022, revenue was $56.8 million, a decrease of 59.9% compared to $141.9 million in the third quarter of 2022, with a net loss of $63.6 million in the fourth quarter of 2022.

Additionally, Canaan's full-year financial report showed that total revenue for 2022 was $634.9 million, down 12.1% from $723 million in 2021. The full-year profit for 2022 was $253.4 million, a decrease of 38.8% compared to $413.7 million in 2021. (Source link)