Cango Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
For the nine months, sales was CNY 1,306.59 million compared to CNY 1,292.71 million a year ago. Revenue was CNY 1,571.68 million compared to CNY 1,493.34 million a year ago. Net income was CNY 65.91 million compared to net loss of CNY 552.27 million a year ago. Basic earnings per share from continuing operations was CNY 0.52 compared to basic loss per share from continuing operations of CNY 4.02 a year ago. Diluted earnings per share from continuing operations was CNY 0.5 compared to diluted loss per share from continuing operations of CNY 4.02 a year ago.