Senmiao Technology Announces Unaudited Financial Results for its Third Fiscal Quarter Ended December 31, 2019
Senmiao Technology Limited (AIHS)
US:NASDAQ Investor Relations:
prnewswire.com/news-releases/senmiao-technology-limited-announces-pricing-of-us120-million-firm-commitment-initial-public-offering-300615172.html
Company Research
Source: PR Newswire
CHENGDU, China, Feb. 14, 2020 /PRNewswire/ -- Senmiao Technology Limited (NASDAQ: AIHS) ("Senmiao"), a provider of automobile transaction and related services in China, today announced its unaudited financial results for its third fiscal quarter ended December 31, 2019.Third Quarter of Fiscal 2020 HighlightsTotal revenues increased by 2,212% year-over-year to $2,745,579 from $118,736 Revenue from automobile transaction and related services business expanded to $13,643,429 in first nine months of fiscal 2020 Earnings per share of $0.03 for continuing operations in first nine months of fiscal 2020 versus loss per share of $0.04 in the same period last year"The discontinuation of our online peer-to-peer lending operations will allow us to effectively focus our resources on the current automobile financing facilitation and transaction business, which remained profitable through the first nine months of this fiscal year," commented Xi Wen, Chairman, Chief Executive Officer and Presiden
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