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Stock impact report

Pintec Announces Unaudited Financial Results for the First Half of 2021 [MarketWatch]

Pintec Technology Holdings Limited - American Depositary Shares (PT) 
Company Research Source: MarketWatch
the "Company"), a leading independent technology platform enabling financial services in China, today announced its unaudited financial results for the six months ended June 30, 2021. First Half 2021 Financial Highlights Total revenues were RMB91.6 million (US$14.2 million) for the first half of 2021 compared to total revenues of RMB251.6 million for the same period of 2020. Gross profit decreased by 1.6% to RMB42.0 million (US$6.5 million) for the first half of 2021 from RMB42.7 million for the same period of 2020. Gross margin was 45.8% for the first half of 2021 compared to 17.0% for the same period of 2020. Operating loss decreased by 66.0% to RMB34.0 million (US$5.3 million) for the first half of 2021 from RMB100.0 million for the same period of 2020. Net loss decreased by 60.7% to RMB41.0 million (US$6.3 million) for the first half of 2021 from RMB104.2 million for the same period of 2020. Adjusted net loss[1] decreased by 60.0% to RMB38.8 million (US$6.0 million) fo Show less Read more
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