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Niu Q3 Earnings: Scooter Volume Up, But Price Drops And Margins Tighten, Strong Q4 Outlook And More

By Yahoo! Finance   |   Nov 18, 2024 at 06:30 AM EST
Niu Q3 Earnings: Scooter Volume Up, But Price Drops And Margins Tighten, Strong Q4 Outlook And More

Niu Technologies reported a 10.5% revenue growth in Q3 2024, reaching 1.02 billion Chinese yuan. Despite a decrease in revenue per e-scooter, the company saw a 17.5% increase in sales volume.

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