Niu Technologies Announces Unaudited Fourth Quarter and Full Year 2023 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
-- Fourth Quarter Revenues of RMB 478.7 million, down 21.8% year over year -- Fourth Quarter Net Loss of RMB 130.2 million, compared to net loss of RMB 37.1 million in the same period of last year -- Full Year Revenues of RMB 2,651.8 million, down 16.3% year over year -- Full Year Net loss of RMB 271.8 million, compared to net loss of RMB 49.5 million in 2022 BEIJING, March 18, 2024 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Revenues were RMB 478.7 million, a decrease of 21.8% year over yearGross margin was 19.0%, compared with 22.5% in the fourth quarter of 2022Net loss was RMB 130.2 million, compared with net loss of RMB 37.1 million in the fourth quarter of 2022Adjusted net loss (non-GAAP)1 was RMB 122.4 million, compared with a
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NIU
News
- Niu Technologies Files Its Annual Report on Form 20-FGlobeNewswire
- Niu Technologies to Report First Quarter 2024 Financial Results on May 20, 2024GlobeNewswire
- 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
Sec Filings
- 4/24/24 - Form S-8
- 4/24/24 - Form 20-F
- 4/5/24 - Form 6-K
- NIU's page on the SEC website