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Stock impact report

Cheche Group Reports Third Quarter 2023 Unaudited Financial Results [Yahoo! Finance]

Cheche Group Inc. (CCG) 
Company Research Source: Yahoo! Finance
platform, today announced its unaudited financial results for the third quarter ended September 30, 2023 Financial and Operational Highlights Net revenue s for the quarter increased 10.5% year-over-year to RMB823.3 million US$112.8 million ), while net revenues for the first nine months of 2023 increased 27.7% over the comparable prior year period to RMB2 billion ( US$333.6 million Net loss of RMB55.4million US$7.6 million ) increased by RMB27.6 million over the prior-year quarter, while net loss for the first nine months of RMB127.6 million USD17.5 million ) increased 43.6% over the comparable prior-year period. Adjusted net loss for the quarter decreased by 96.4%, from RMB15.6 million in the prior-year period to RMB0.6 million US$0 .1 million), while adjusted net loss for the first nine months of 2023 decreased by 49.2%, from RMB55.8 million in the prior-year period to RMB28.3 million US$3 .9 million). Total written premiums placed for the quarter grew 30.4% year-over-year Show less Read more
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