Niu Technologies (NIU) Reports Q1 Loss of $0.05 on Revenues of $7.76M
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Niu Technologies Announces First Quarter 2020 Financial Results
May 18, 2020 3:00 AM EDT-- First Quarter Total volume of e-scooter sales down 39.4% year over year
-- First Quarter Revenues of RMB 232.9 million, down 34.4% year over year
-- First Quarter Net loss of RMB 26.4 million, compared with net income of RMB 12.0 million in the first quarter of last year
BEIJING, May 18, 2020 (GLOBE NEWSWIRE) -- Niu Technologies (NIU, or the Company) (NASDAQ: NIU), the worlds leading provider of smart urban mobility solutions, today announced its financial results for the first quarter 2020.
First Quarter 2020 Financial... More
