Kaixin Auto Holdings Reports Condensed Consolidated Unaudited Earnings Results for the First Half Ended June 30, 2020
December 30, 2020 at 11:00 pm EST
Kaixin Auto Holdings reported condensed consolidated unaudited earnings results for the first half ended June 30, 2020. For the period, the company reported total net revenues of $33,295,000 against $204,599,000 a year ago. Loss from operations was $5,272,000 against $8,289,000 a year ago. Net loss was $5,790,000 against net income of $57,208,000 a year ago. Basic loss per share attributable to company’s shareholders was $0.10 against basic earnings per share attributable to company’s shareholders of $1.94 a year ago.