Brief: Niu Technologies Announces Q4 Revenue RMB 986.1 Mln

Niu Technologies

07/03/2022 08:04

March 7 (Reuters) - NIU Technologies  NIU.O :
    * ANNOUNCES FOURTH QUARTER AND FULL YEAR 2021 FINANCIAL
RESULTS
    * SEES Q1 REVENUE RMB 657 MILLION TO RMB 712 MILLION
    * Q4 REVENUE ROSE 46.7 PERCENT TO RMB 986.1 MILLION
    * Q4 TOTAL VOLUME OF E-SCOOTER SALES UP 58.3% YEAR OVER YEAR
    * QTRLY NET INCOME PER ADS $0.09
    * NIU EXPECTS SALES VOLUME FOR FULL YEAR 2022 TO BE IN RANGE
OF
1.5 MILLION TO 1.7 MILLION UNITS,  A YEAR-OVER-YEAR INCREASE OF
45% TO 64%

Source text for Eikon:  ID:nGNXcbVjXq 
Further company coverage:  NIU.O 

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