Niu Technologies Sees Revenue Rise Amidst Growing Losses
Company Announcements

Niu Technologies Sees Revenue Rise Amidst Growing Losses

Niu Technologies (NIU) has released an update.

Niu Technologies reported a 13.5% revenue increase to RMB 940.5 million in Q2 2024, yet faced a net loss of RMB 24.9 million, deepening from last year’s RMB 1.9 million loss. The company saw a surge in e-scooter sales, particularly strong in international markets with a 45.4% jump, as it continues to expand its global footprint and product lineup.

For further insights into NIU stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyNiu Technologies launches KQi 100F electric scooter in U.S.
TipRanks Auto-Generated NewsdeskNiu Technologies Celebrates Q3 Sales Surge
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App