Uxin Limited Expects Q1 Revenue Of RMB390M-RMB410M
Portfolio Pulse from Benzinga Newsdesk
Uxin Limited expects Q1 2024 revenue to be between RMB390 million and RMB410 million, with stable gross profit margins. The company projects retail transaction volume of around 4,000 units and wholesale transaction volume of around 1,500 units.
July 31, 2024 | 8:35 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Uxin Limited has provided a revenue forecast for Q1 2024, expecting between RMB390 million and RMB410 million. The company also anticipates stable gross profit margins and specific transaction volumes for retail and wholesale units.
The revenue forecast and stable gross profit margins are positive indicators for Uxin Limited's financial health. The specific transaction volumes provide clarity on the company's operational performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100