Niu Technologies Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
For the nine months, sales was CNY 2,556.33 million compared to CNY 2,718.48 million a year ago. Net loss was CNY 12.33 million compared to net income of CNY 178.17 million a year ago. Basic loss per share from continuing operations was CNY 0.16 compared to basic earnings per share from continuing operations of CNY 2.32 a year ago. Diluted loss per share from continuing operations was CNY 0.16 compared to diluted earnings per share from continuing operations of CNY 2.22 a year ago.