Ruhnn Announces Third Quarter of Fiscal Year 2020 Unaudited Financial Results
Ruhnn Holding Limited (RUHN)
Company Research
Source: PR Newswire
- Total net revenue increased 25% year-over-year to RMB482.1 million - Services revenue increased 154% year-over-year to RMB110.7 million - Gross profit increased 18% year-over-year to RMB174.9 million - Net income attributable to Ruhnn was RMB10.7 million compared to RMB15.5 million for the same quarter of last fiscal year - Adjusted net income attributable to Ruhnn[1] increased 35% year-over-year to RMB21.0 million - Net cash provided by operating activities increased 9% year-over-year to RMB89.9 million HANGZHOU, China, March 3, 2020 /PRNewswire/ -- Ruhnn Holding Limited ("Ruhnn" or the "Company") (NASDAQ: RUHN), the largest internet key opinion leader ("KOL") facilitator in China as measured by revenue in 2018, according to Frost & Sullivan, today announced its unaudited financial results for the third quarter of fiscal year 2020 ended December 31, 2019.Third Quarter of Fiscal Year 2020 Financial Highlights:Total net revenue increased 25% year-over-year to RMB482.1 million (US$69
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