Niu Technologies (NIU) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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.