TuanChe Announces Unaudited Third Quarter 2019 Financial Results
TuanChe Limited - American Depositary Shares (TC)
Company Research
Source: GlobeNewswire
BEIJING, Nov. 26, 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 third quarter and first nine months ended September 30, 2019. Third Quarter 2019 Financial and Operating Highlights Compared with the Prior Year Period Net revenues decreased by 12.7% to RMB135.6 million (US$19.0 million) from RMB155.3 million.Gross profit decreased by 14.5% to RMB93.2 million (US$13.0 million) from RMB109.1 million. Gross margin decreased to 68.7% from 70.2%.Quarterly number of auto shows organized increased by 3.4% to 212 in 150 cities from 205 auto shows in 122 cities across China. A total of 192 special promotion events were organized during the quarter.Quarterly number of automobile sales transactions facilitated decreased by 6.0% to 76,798 from 81,742, and the quarterly Gross Merchandise Volume (“GMV”) of new automobiles sold decrease
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Sec Filings
- 10/30/24 - Form 6-K
- 10/28/24 - Form 424B5
- TC's page on the SEC website