Brief: Uxin Qtrly Adj Net Loss Per Shr From Continued Operations $0.05

Uxin

23/09/2019 07:35

Sept 23 (Reuters) - Uxin Ltd  UXIN.O :
    * UXIN REPORTS UNAUDITED SECOND QUARTER OF 2019 FINANCIAL
RESULTS
    * SEES Q3 2019 REVENUE RMB 440 MILLION TO RMB 460 MILLION
    * UXIN REPORTS UNAUDITED SECOND QUARTER OF 2019 FINANCIAL
RESULTS
    * TOTAL REVENUES WERE RMB439.2 MILLION (US$63.9 MILLION) IN
Q2 OF
2019, REPRESENTING YEAR-OVER-YEAR GROWTH OF 58.3%
    * UXIN - NON-GAAP ADJUSTED LOSS FROM CONTINUING OPERATIONS
WAS
RMB315.2 MILLION (US$45.9 MILLION) IN Q2, DOWN FROM RMB397.8
MILLION IN THE SAME PERIOD LAST YEAR
    * 2B TRANSACTION VOLUME DECREASED TO 39,576 UNITS IN Q2 OF
2019,
REPRESENTING YEAR-OVER-YEAR DECLINE OF 57.1%
    * UXIN - NON-GAAP ADJUSTED NET LOSS FROM CONTINUING
OPERATIONS
RMB332.9 MILLION (US$48.4 MILLION) IN Q2 2019, DOWN FROM
RMB399.4 MILLION IN SAME PERIOD LAST YEAR
    * QTRLY NON-GAAP ADJUSTED NET LOSS FROM CONTINUING
OPERATIONS PER
SHARE - DILUTED $0.05
    * LOSS FROM CONTINUING OPERATIONS WAS RMB342.3 MILLION
(US$49.8
MILLION) IN Q2 , A DECREASE FROM RMB1,257.6 MILLION IN SAME
PERIOD LAST YEAR
    * UXIN-STARTING Q2 ,CO GRADUALLY DISCONTINUED LOAN
FACILITATION
SERVICES FOR NEW CARS, WHICH HISTORICALLY CONTRIBUTED IMMATERIAL
PORTION TO TOTAL REVENUES

Source text for Eikon:  ID:nGNXc6GHqs 
Further company coverage:  UXIN.O 

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