Niu Technologies (NIU) reported Loss for first quarter of -RMB38.844 million
The company's earnings totaled -RMB38.844 million, or -RMB0.24 per share. This compares with -RMB54.797 million, or -RMB0.35 per share, last year.
The company's revenue for the period rose 35.1% to RMB681.988 million from RMB504.734 million last year.
Niu Technologies earnings at a glance (GAAP) :
-Earnings: -RMB38.844 Mln. vs. -RMB54.797 Mln. last year.-EPS: -RMB0.24 vs. -RMB0.35 last year.-Revenue: RMB681.988 Mln vs. RMB504.734 Mln last year.
For the first quarter, Niu Technologies reported a net loss of RMB 0.49 per ADS, compared with a loss of RMB 0.69 per ADS registered for the same period last year.
Excluding items, the first-quarter loss was RMB 31.354 million as against a loss of RMB 48.486 million in the previous year.
Looking ahead, for the second quarter, the company expects revenue of RMB 1.317 billion to RMB 1.411 billion, representing a year-over-year increase of 40 to 50%.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.