Niu Technologies (NIU) Reports Q3 EPS of $0.11 on Revenues of $77M

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Niu Technologies Announces Fourth Quarter and Full Year 2019 Financial Results

March 16, 2020 3:01 AM EDT

-- Fourth Quarter Total volume of e-scooter sales up 13.5% year over year

-- Fourth Quarter Revenues of RMB 536.1 million, up 25.4% year over year

-- Fourth Quarter Net income of RMB 60.7 million, compared to net loss of RMB 32.0 million in the fourth quarter of last year

-- Full Year Total volume of e-scooter sales up 24.1% year over year

-- Full Year Revenues of RMB 2,076.3 million, up 40.5% year over year

-- Full Year Net income of RMB 190.1... More