Cango Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021
For the full year, sales was CNY 2,478.47 million compared to CNY 910.85 million a year ago. Revenue was CNY 3,921.72 million compared to CNY 2,052.43 million a year ago. Net loss was CNY 8.54 million compared to net income of CNY 3,369.52 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to basic earnings per share from continuing operations of CNY 22.44 a year ago. Diluted loss per share from continuing operations was CNY 0.06 compared to diluted earnings per share from continuing operations of CNY 22.18 a year ago.