Secoo Holding Limited: Falls on drop in Q3 profit, revenue

Secoo Holding

28/12/2020 15:10

** Chinese online pre-owned luxury goods retailer  SECO.O 
down 5.3% at $2.32 
    ** Co posts Q3 adj. income 0.67 yuan/share vs 2.43
yuan/share, a year earlier   urn:newsml:reuters.com:*:nGNX1GZ6rY
    ** Co's Q3 revenue plunged 29.2% to 1.37 bln yuan ($209.49
mln) in part due to delayed logistics services caused by the
COVID-19 pandemic
    ** Co says Q3 technology and content development expenses,
and general & administrative expenses rose 8.8% and 13.2%
respectively
    ** SECO shares are down 58.40% this year, as of last close




($1 = 6.5396 Chinese yuan renminbi)

 (Reporting by Lasya Priya M in Bengaluru)
 ((LasyaPriya.M@thomsonreuters.com;))