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Asian Equities Traded in the US as American Depositary Receipts Drop Sharply in Wednesday Trading
June Orders for Big Trucks Slow Down -- Market Talk
Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Tuesday Trading
Cango First Quarter 2024 Earnings: EPS: CN¥1.71 (Vs CN¥0.58 in 1Q 2023)
Asian Equities Traded in the US as American Depositary Receipts Trend Lower in Friday Trading
Cango (CANG.US) had a revenue of 64.4 million yuan in the first quarter with a 14.3% year-on-year net income growth.
On June 14th, Gelunhui announced the financial report for the first quarter of 2024 for Cango (CANG.US). The total revenue in the first quarter of 2024 was RMB 64.4 million, operating profit was RMB 74.2 million, a year-on-year growth of 43.1%. The net income was RMB 90 million, a year-on-year growth of 14.3%. Under non-US GAAP, the adjusted net income was RMB 95.7 million. Under non-US GAAP, the adjusted diluted net income per ADS was RMB 0.91 and RMB 0.85, respectively. As of March 3, 2024.
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