NIO Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024
September 05, 2024 at 05:30 am EDT
NIO Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was CNY 1,766.35 million compared to CNY 1,586.52 million a year ago. Revenue was CNY 17,445.97 million compared to CNY 8,771.74 million a year ago. Net loss was CNY 5,126.37 million compared to CNY 6,121.94 million a year ago. Basic loss per share from continuing operations was CNY 2.5 compared to CNY 3.7 a year ago. Diluted loss per share from continuing operations was CNY 2.5 compared to CNY 3.7 a year ago.
For the six months, sales was CNY 3,293.66 million compared to CNY 3,038.51 million a year ago. Revenue was CNY 27,354.6 million compared to CNY 19,448.21 million a year ago. Net loss was CNY 10,384.29 million compared to CNY 10,925.57 million a year ago. Basic loss per share from continuing operations was CNY 5.07 compared to CNY 6.62 a year ago. Diluted loss per share from continuing operations was CNY 5.07 compared to CNY 6.62 a year ago.