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NIO Inc. Q2 Loss Sharply Widens; Total Revenues Up 14.8%

RTTNews | 730 dni temu

NIO Inc. Q2 Loss Sharply Widens; Total Revenues Up 14.8%

(RTTNews) - NIO Inc. (NIO) reported on Tuesday a second quarter net loss attributable to NIO's ordinary shareholders of RMB 6.12 billion or $835.13 million, sharply wider than RMB 2.75 billion in the prior-year quarter. Net loss per ADS was RMB 3.70, compared with a loss of RMB 1.68.

Adjusted net loss attributable to ordinary shareholders was RMB 5.44 billion, compared to RMB 2.19 billion in the year-ago quarter. Adjusted net loss per ADS was RMB 3.28, compared with a loss of RMB 1.34.

Total revenues were RMB 8.77 billion or $1.21 billion, down 14.8 percent from RMB 10.29 billion in the same quarter last year.

Vehicle deliveries for the quarter were 23,520, consisting of 10,492 premium smart electric SUVs and 13,028 premium smart electric sedans, representing an decrease of 6.1% from last year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

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NIO Inc. Q3 Loss Widens; Total Revenues Up 46.6%

NIO Inc. Q3 Loss Widens; Total Revenues Up 46.6%

NIO Inc. (NIO) reported on Tuesday a third quarter net loss attributable to NIO's ordinary shareholders of RMB 4.63 billion or $634.41 million, sharply wider than RMB 4.14 billion in the prior-year quarter. Net loss per ADS was RMB 2.67, compared with a loss of RMB 2.53.

RTTNews | 632 dni temu

Japan Stock Market May Extend Winning Streak

Japan Stock Market May Extend Winning Streak

The Japan stock market has moved higher in back-to-back sessions, collecting more than 430 points or 1 percent along the way. The Nikkei 225 now rests just beneath the 42,830-point plateau and it may add to its winnings on Friday.

RTTNews | 14 minut temu

South Korea Industrial Output Adds 0.3% In July

South Korea Industrial Output Adds 0.3% In July

Industrial production in South Korea was up a seasonally adjusted 0.3 percent on month in July, Statistics Korea said on Friday.

RTTNews | 14 minut temu

KOSPI May Break Through 3,200-Point Level

KOSPI May Break Through 3,200-Point Level

The South Korea stock market has climbed higher in two straight sessions, advancing almost 20 points or 0.6 percent in that span. The KOSPI now sits just shy of the 3,200-point plateau and it may open to the upside again on Friday.

RTTNews | 29 minut temu

Japan Data On Tap For Friday

Japan Data On Tap For Friday

Japan is scheduled to release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are July figures for unemployment, industrial production, retail sales, housing starts and construction orders, as well as August data for household confidence and Tokyo inflation.

RTTNews | 1g 29 minut temu

Euro Climbs Against Majors

Euro Climbs Against Majors

The euro firmed against its major counterparts in the New York session on Thursday.

RTTNews | 2g 0 minut temu

Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.

RTTNews | 5g 38 minut temu

European Stocks Close Weak

European Stocks Close Weak

European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.

RTTNews | 5g 58 minut temu

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