Niu Technologies Announces Second Quarter 2022 Financial Results
Niu Technologies - American Depositary Shares (NIU)
Last niu technologies - american depositary shares earnings: 3/16 03:00 am
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Source: GlobeNewswire
-- Second Quarter Total Volume of e-scooter sales down 17.4% year over year -- Second Quarter Revenues of RMB 827.6 million, down 12.4% year over year -- Second Quarter Net income of RMB 14.4 million, compared with net income of RMB 91.8 million in the same period of last year BEIJING, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Financial Highlights Revenues were RMB 827.6 million, a decrease of 12.4% year over yearGross margin was 20.3%, compared with 22.7% in the second quarter of last yearNet income was RMB 14.4 million, compared with net income of RMB 91.8 million in the second quarter of last yearAdjusted net income (non-GAAP)1 was RMB 31.2 million, compared with adjusted net income of RMB 104.0 million in the second quarter of last year Second Quarter 2022 Oper
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News
- Global Electric Kick Scooter Market Size To Worth USD 9.5 Billion By 2033 | CAGR of 10.19% [Yahoo! Finance]Yahoo! Finance
- Niu Technologies Provides First Quarter 2024 Sales Volume Update [Yahoo! Finance]Yahoo! Finance
- Niu Technologies Provides First Quarter 2024 Sales Volume UpdateGlobeNewswire
- Niu Technologies: A High-Growth EV Play [Seeking Alpha]Seeking Alpha
- Global Electric Scooters Market Forecast to See Significant Growth by 2031, Driven by Technological Advances and Environmental Concerns [Yahoo! Finance]Yahoo! Finance
NIU
Sec Filings
- 4/5/24 - Form 6-K
- 3/18/24 - Form 144
- 3/18/24 - Form 6-K
- NIU's page on the SEC website