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NIO held a conference call on its results. NIO continued to lose money and its share price fell.

2024-11-24 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)09/25 Report--

According to media reports, Xilai Motor has announced that it will hold a conference call on second-quarter results at 20:00 Beijing time on Wednesday.

Yesterday, after announcing the second-quarter results, NIO cancelled the financial report meeting. Xilai Motor responded to the media, "the conference call is generally a supplement to the quarterly report, which we think fully covers the information that needs to be disclosed at present." If other important matters occur in the company, it will be disclosed again in the form of public announcement. "

According to the results of the second quarter of 2019, revenue was 1.5086 billion yuan, down 7.5% from the previous month. The net loss attributed to shareholders was 3.2858 billion yuan, compared with a loss of 6.11 billion yuan in the same period last year.

Affected by the news of the loss in the second quarter, shares of Xilai Motor closed at $2.17, down 20.22%.

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