Brief: Secoo Holding Ltd Q4 Non-GAAP EPS RMB 2.04

Secoo Holding

04/04/2019 13:17

April 4 (Reuters) - Secoo Holding Ltd  SECO.O :
    * SECOO HOLDING LTD SEES Q1 2019 REVENUE RMB 0.97 BILLION TO
RMB
1.07 BILLION
    * SECOO REPORTS UNAUDITED FOURTH QUARTER AND FULL YEAR 2018
RESULTS
    * Q4 REVENUE ROSE 27 PERCENT TO RMB 1.793 BILLION
    * Q4 NON-GAAP EARNINGS PER SHARE RMB 2.04
    * Q4 EARNINGS PER SHARE RMB 1.79
    * SEES Q1 2019 REVENUE UP ABOUT 21 TO 33 PERCENT
    * NUMBER OF ACTIVE CUSTOMERS INCREASED BY 79.9% TO 406.0
THOUSAND
FOR Q4 2018 FROM 225.7 THOUSAND FOR Q4 2017.
    * GMV REACHED RMB3,080.7 MILLION (US$448.1 MILLION) FOR Q4
2018,
REPRESENTING AN INCREASE OF 58.5%
    * TOTAL REGISTERED CUSTOMERS REACHED 27.0 MILLION AS OF
DECEMBER
31, 2018 FROM 18.7 MILLION AS OF DECEMBER 31, 2017
    * STARTING FROM Q4 OF 2018, HAVE BEEN UNDERGOING A SHIFT IN
MARKETPLACE PLATFORM IN ORDER TO IMPROVE PROFITABILITY
    * IN Q1, GMV & REVENUE MIX MIGHT BE RELATIVELY DIFFERENT
FROM
PREVIOUS BUSINESS MODEL

Source text for Eikon:  ID:nGNX1F5Lgx 
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