Niu Technologies Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
For the six months, sales was CNY 1,403.1 million compared to CNY 1,492.08 million a year ago. Net loss was CNY 15.21 million compared to net income of CNY 86.46 million a year ago. Basic loss per share from continuing operations was CNY 0.2 compared to basic earnings per share from continuing operations of CNY 1.12 a year ago. Diluted loss per share from continuing operations was CNY 0.2 compared to diluted earnings per share from continuing operations of CNY 1.08 a year ago.