TuanChe Announces Unaudited Second Quarter 2019 Financial Results
TuanChe Limited - American Depositary Shares (TC)
Company Research
Source: GlobeNewswire
2Q19 net revenues increased by 11.9% year over year1H19 net revenues increased by 21.2% year over year BEIJING, Aug. 20, 2019 (GLOBE NEWSWIRE) -- TuanChe Limited (“TuanChe” or the “Company”) (NASDAQ: TC), a leading omni-channel automotive marketplace in China, today announced its unaudited financial results for the second quarter of 2019. Second Quarter 2019 Financial and Operating Highlights Compared with the Prior Year Period Net revenues increased by 11.9% to RMB203.5 million (US$29.6 million) from RMB181.9 million.Gross profit increased by 9.0% to RMB144.0 million (US$21.0 million) from RMB132.2 million. Gross margin decreased to 70.8% from 72.6%.Quarterly number of auto shows organized increased by 57.1% to 344 in 186 cities from 219 auto shows in 116 cities across China. A total of 154 special promotion events were organized during the quarter.Quarterly number of automobile sales transactions facilitated increased by 12.0% to 110,444 from 98,593, and the quar
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Sec Filings
- 10/30/24 - Form 6-K
- 10/28/24 - Form 424B5
- TC's page on the SEC website