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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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.