Cango Inc. Reports Second Quarter 2024 Unaudited Financial Results [Yahoo! Finance]
Cango Inc. American Depositary Shares, each representing two (2) Class A Ordinary Shares (CANG)
Last cango inc. american depositary shares, each representing two (2) class a ordinary shares earnings: 3/23 04:30 pm
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Source: Yahoo! Finance
China , today announced its unaudited financial results for the second quarter of 2024. Second Quarter 2024 Financial and Operational Highlights Total revenues were RMB45.1 million US$6.2 million ), compared with RMB675.4 million in the same period of 2023. Income from operations was RMB47.0 million US$6.5 million ) for the three months ended June 30, 2024 , compared with a loss of RMB8.9 million in the same period last year. Net income was RMB86.0 million US$11.8 million ) for the three months ended June 30, 2024 , an increase of 137.5% from RMB36.2 million in the same period last year. The total outstanding balance of financing transactions the Company facilitated was RMB6.2 billion US$850.0 million ) as of June 30, 2024 . Our credit risk exposure has decreased to a lower level, of which only RMB2.7 billion US$ 375.0 million ) of outstanding balance of loans where the Company bears credit risks have not been provided with full bad debt allowance or full risk assurance liabilit
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News
- Cango Inc. (CANG) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Cango Inc. Reports Second Quarter 2024 Unaudited Financial ResultsPR Newswire
- Cango Inc. to Report Second Quarter 2024 Financial Results on August 29, 2024 Eastern TimePR Newswire
- Here's What's Concerning About Cango's (NYSE:CANG) Returns On Capital [Yahoo! Finance]Yahoo! Finance
CANG
Sec Filings
- 9/3/24 - Form 144
- 9/3/24 - Form 6-K
- 8/20/24 - Form SC
- CANG's page on the SEC website