r/nio
I was right . Profit it is $10m
Author celebrates NIO achieving a $9.7 million profit, expressing strong bullish sentiment.
- NIO has achieved a profit of $9.7 million.
- The company is showing positive financial momentum.
Wow!! I was right!! NIO has a profit if 9,7 million!!! Way to go
I was wrong they surpassed expectations and pulled a W. I'm actually very surprised
Duh. They wouldn’t have been excited to push up the date if they were losing money
One thing I'm curious about is why it's still in red, it's sad
The share price recognizes that.
And that's why it's 3% down
People kept telling me I'm retarded for believijg in the company and that they'll go bankrupt. I'm here in china actually seeing these cars up close and personal. They make great cars and quality controll is there. Further more I've spoken to owners along random car enthusiast and they love the brand so shiiit NIo gets 25% of my portfolio in long.
Net loss of 600 mil. But significantly better than than Q1 last year (net loss was almost 7 billion). This is quite dramatic, I’m thinking of investing now.
That’s false
50 million $ net loss
330 million yuan
Use the correct currency in your writing. Thank you!
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Is the first quarter of a year historically good or bad for automotive corporations?
I was either right or wrong : expecting it either way 😊, but happy now !!
Net earnings per share will only be minimal. 2.47b shares to 10m in profit? That's only 0.04 cents per share. Maybe by the year 2525 you'll make some money.
here, take a snickers