The Tesla competitor Nio has opened his books. The Chinese car manufacturer cut off in the first business quarter.
For the Tesla competitor NIO, the first business quarter in 2025 ended again with a significant loss. The EPS was at -3.29 CNY after -2.57 CNY a year ago. Analysts had previously expected a loss per share of 2.563 CNY.
Meanwhile, sales improved from 9.91 billion CNY to 12.03 billion CNY in the previous year. This means that NIO cuts off a little weaker than expected, the analyst estimates for sales had previously amounted to 12.57 billion CNY.
The NIO share is temporarily at the NYSE by 1.7 percent lower at $ 3.46.
Editor finance.net
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