UXIN - Chinese Used Car Retailer Uxin Aims For Achieving Overall Profitability By 2024: Details | Benzinga
Used car retailer Uxin Ltd (NASDAQ: UXIN) reported financial results for the first and second quarters of fiscal year 2024.
The company's second-quarter FY24 sales declined 42.5% year-on-year to RMB356.1 million ($48.8 million). The company's adjusted loss per ADS for the quarter was $(0.01).
The transaction volume for the quarter was 3,884 units, a 35.8% decline Y/Y. Retail transaction volume was 2,287 units, a decrease of 26.4% Y/Y.
The gross ...