Niu Technologies Announces Unaudited Fourth Quarter and Full Year 2024 Financial Results
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Niu Technologies reported a significant increase in revenues for Q4 and the full year 2024, with a 71.1% year-over-year rise in Q4 revenues. Despite a net loss, the company reduced its losses compared to the previous year. E-scooter sales grew substantially both in China and internationally.
March 17, 2025 | 8:15 am
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Niu Technologies reported a 71.1% increase in Q4 revenues and a reduction in net losses compared to the previous year. E-scooter sales saw significant growth, indicating strong market demand.
The substantial increase in revenues and reduction in net losses are positive indicators for Niu Technologies. The strong growth in e-scooter sales, both domestically and internationally, suggests robust demand for their products, which could positively impact the stock price in the short term.
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